Yatsen Group announces $120 million convertible notes financing
The funds will support R&D, supply chain integration, and overseas expansion after a profitable 2025.
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Cosmetics group with multiple brands
yatsenglobal.comLast updated
In short: Yatsen Group achieved profitability in late 2025 and secured $120 million in financing to accelerate its global expansion and R&D initiatives.
The funds will support R&D, supply chain integration, and overseas expansion after a profitable 2025.
Total net revenues grew 22.5% to RMB1.02 billion, driven by a 58.5% increase in skincare brands.
Hillhouse joins Trustar Capital and CEO Huang in the investment vehicle; proceeds will fund R&D, supply chain, and overseas expansion.
The notes raise approximately US$120 million, with Trustar Capital and CEO Jinfeng Huang participating.
A.M. U.S. Eastern Time on May 26, 2026 GUANGZHOU, China, May 26, 2026 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company...
Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced the participation of Hillhouse in the Company's previously announced...
Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for...
Yatsen’s Form 20-F shows RMB4.30B 2025 revenue, narrowing losses and a Cayman–China VIE structure exposed to PRC data, CSRC filing and HFCAA-related trading risks.
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