Ushopal Completes USD100M Financing

11 Mar, 2021

Ushopal Completes USD100M Financing
Photo by Kaleidico on Unsplash

– Ushopal is a Shangai, China-based new luxury beauty and new retail group.
– The company completed a USD100m financing.
– The round was led by FountainVest Partners, with participation from Cathay Capital, Zhongyuan Capital, Hengxu Capital and Dazhong Zhongsong Fund.
– The new investment will be used for continued growth in China and Asia Pacific.

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