

by Han Wang Digital Society Medium 500 Apologies, but something went wrong on our end. In April 2020 Perfect Diary received a $100 million capital infusion valuing the business at $2 billion, led by New York-based Tiger Global Management, which also invested in Glossier last year, followed by Hopu Investment and Boyu Capital. Perfect Diary: The cosmetic brand thrives on social medias.The brand is said to be preparing for an IPO before the end of the year with Morgan Stanley and Goldman Sachs named as underwriters. Perfect Diary offers a complete lineup of stylish makeup that includes eyeshadow palettes, lip glosses, lip stains, setting powders and so much more.
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Investors include Warburg Pincus, Carlyle Group, and Loyal Valley Capital, Chinese media outlet IPOzaozhidao reported on Monday, citing people close to the deal. Perfect Diary has always been a pioneer in the cosmetics industry, having over 40 million customers worldwide with full lines of cosmetics products.Original price 12.99 - Original price 12.99.


China’s Perfect Diary brand has closed a new round of fundraising that brings the brand’s valuation to $4 billion. Perfect Diary was the only color cosmetics brand to achieve over RMB 100 million (USD 14.9 million) in gross merchandise volume on Tmall in every month of 2019 and the nine months ended September 30, 2020, according to the CIC Report. Perfect Diary (NYSE: YSG) is a beauty brand that offers color cosmetics.
