China'S Cosmetics Startup Yatsen To Buy 35-Year-Old Skincare Brand Eve Lom

in #news2 months ago

Firms backed by Robert Downey Jr. and Bill Gates have funded an electric motor company that slashes energy consumption: Jonathan Shieber


Sometimes the smallest innovations can have the biggest impacts on the world’s efforts to stop global climate change. Arguably, one of the biggest contributors in the fight against climate change to date has been the switch to the humble LED light, which has …

Dooly closes on $20M for AI-based tools to help salespeople with their busywork: Ingrid Lunden


Robotic process automation has taken the enterprise world by storm, by providing a set of tools for those doing repetitive, volume-based tasks to use software to remove some of that labor to let those people focus on more complicated tasks. Today a startup th…

Flextock is a YC-backed e-commerce fulfillment provider for Africa and the Middle East: Tage Kene-Okafor


When merchants launch their e-commerce businesses, they can easily manage the end-to-end operations in the early stages. But as they begin to grow, managing their own operations, from warehousing and logistics to delivery and cash collection, can become diffi…

China's cosmetics startup Yatsen to buy 35-year-old skincare brand Eve Lom: Rita Liao


In China’s cosmetics world, where foreign brands were historically revered, indigenous startups are increasingly winning over Gen-Z consumers with cheaper, more localized options. One of the rising stars is the direct-to-consumer brand Perfect Diary, which is…

'Flying taxi' startup Volocopter picks up another $241M, says service is now two years out: Ingrid Lunden


In a year where mass transit on airplanes, trains and buses has had lower traveler numbers in the wake of the Covid-19 pandemic, one of the startups hoping to pioneer a totally new approach to getting individuals from A to B — flying taxis — has raised some s…

Indonesian supply chain startup Advotics raises $2.75M led by East Ventures: Catherine Shu


The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. But the country’s logistics industry is highly fragmented, with companies usually relying on multiple providers for …

Facebook's Oversight Board already 'a bit frustrated' -- and it hasn't made a call on Trump ban yet: Natasha Lomas


The Facebook Oversight Board (FOB) is already feeling frustrated by the binary choices it’s expected to make as it reviews Facebook’s content moderation decisions, according to one of its members who was giving evidence to a UK House of Lords committee today …

Atomic, which only funds the startups it launches, just closed its newest fund with $260 million: Connie Loizos


Jack Abraham has a lot of confidence in what he’s building. Then again, you can’t be immodest or unsure of yourself if you’re going to bet exclusively on your own startups as an investor, which is precisely the model that Abraham’s San Francisco-based venture…

Sequoia Capital India’s Surge invests $2M in sales engagement platform Outplay: Catherine Shu


Sales engagement platforms (SEP) help sales teams automate and track the large number of tasks they need to do each day as they contact leads and hone in on potential deals. Focused on small-to-medium-sized companies, SEP startup Outplay announced today it ha…

Facebook can save itself by becoming a B Corporation: Ann Florini, Brett Hurt


In changing Facebook into a for-benefit corporation, Mark Zuckerberg could insulate himself against presidential rage while rehabilitating his reputation — and his company's.


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