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Perfect Diary owner files for US IPO to expand in world’s fastest-growing beauty market

Yatsen has witnessed its sales increase 363.7% year-on-year or roughly 30 times the growth rate of the broader China beauty industry.

2 mins read
  • Tencent, which has backed Kuaishou since 2017, will be a cornerstone investor in the IPO.

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    Alibaba and Jack Ma’s YF Capital to join Kuaishou’s upcoming Hong Kong IPO

    2 mins read

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