Yatsen Holding Secures $120M Strategic Investment for Global Beauty Expansion

Yatsen Holding, the parent company of beauty brands Perfect Diary and Nyx Professional Makeup, has secured $120 million in strategic investment through convertible notes. The funding round includes participation from Trustar Capital and founder Jinfeng Huang. Key Details: - Investment Amount: $120 million in convertible notes - Lead Investors: Trustar Capital and founder Jinfeng Huang - First Tranche: Issues March 2026 - Interest Rate: 1.5% per annum - Use of Funds: R&D, supply chain optimization, overseas market expansion, and M&A opportunities About Yatsen: Yatsen Holding is a leading beauty technology company operating multiple beauty brands including Perfect Diary (a Chinese makeup brand) and Nyx Professional Makeup. The company focuses on innovation in cosmetics, skincare, and beauty technology. Sources: - https://intellectia.ai/news/stock/yatsen-holding-secures-120-million-strategic-investment - https://www.nasdaq.com/press-release/yatsen-announces-private-placement-convertible-notes-and-warrants-2026-03-11 - https://ir.yatsenglobal.com/