Investment
Features
FeesSafety
Academy
More
Pluang+

Yatsen raises $120M, hints at buying U.S. skincare brand Erno Laszlo to boost global growth.

Market News
29 May 2026
Bamboo Works
View Source
Bullish
Yatsen raises $120M, hints at buying U.S. skincare brand Erno Laszlo to boost global growth.

Chinese skincare company Yatsen Holding completed the first tranche of a $120 million convertible note issue, potentially to fund the acquisition of U.S. skincare brand Erno Laszlo, recently bought by a Chinese investment group. Yatsen, facing losses in its core cosmetics business, is shifting focus to skincare, which shows strong growth. The deal could help Yatsen expand globally and revive the struggling Erno Laszlo brand using its marketing and manufacturing expertise. Investors reacted positively, with Yatsen's stock rising 57% since the fundraising announcement.

More News

DLocal's gross profit rises 28.6% YoY in Q2 2026 despite margin pressure, driven by API access to 60+ local markets.

DLocal's gross profit rises 28.6% YoY in Q2 2026 despite margin pressure, driven by API access to 60+ local markets.

DLocal Ltd. reported a 28.6% year-over-year increase in gross profit for Q2 2026, supported by its API that enables merchants to access local payment methods in over 60 markets. This growth occurred despite pressure on take-rates due to volume discou...

Analyst Insights
Neutral
4 hours ago
Three stocks now make up 21% of the S&P 500, the highest concentration ever recorded.

Three stocks now make up 21% of the S&P 500, the highest concentration ever recorded.

NVIDIA, Apple, and Microsoft now account for over 21% of the S&P 500 index, marking the highest three-stock concentration in its history, surpassing the 1980s peak of 13.4%. This concentration reflects strong earnings and growth, especially driven by...

Market News
Bullish
4 hours ago
Palantir outpaces Snowflake in growth and profits, making it a stronger AI data stock for long-term investors.

Palantir outpaces Snowflake in growth and profits, making it a stronger AI data stock for long-term investors.

Palantir Technologies shows faster revenue growth and profitability compared to Snowflake, making it a more attractive long-term AI data stock for retirement investors. Palantir's Q2 revenue surged 92.8% year-over-year, with strong U.S. commercial gr...

Analyst Insights
Bullish
4 hours ago
West Pharmaceutical Services remains a buy amid strong growth and regulatory opportunities.

West Pharmaceutical Services remains a buy amid strong growth and regulatory opportunities.

West Pharmaceutical Services is recommended as a buy despite its high valuation, supported by strong financial performance and new growth drivers. Key growth factors include double-digit expansion from GLP-1 products, upgrades related to High-Value P...

Analyst Insights
Bullish
4 hours ago
Noble Minerals plans 2,500-3,000m drill program at Lucas Gold Project with $215K Ontario grant.

Noble Minerals plans 2,500-3,000m drill program at Lucas Gold Project with $215K Ontario grant.

Noble Mineral Exploration is preparing a 2,500 to 3,000 meter drill program at its Lucas Gold Project near Timmins, Ontario, supported by a $215,000 grant from the Ontario government. The project is drill-ready with established infrastructure and a F...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App