China's Ushopal, a partner for luxury beauty brands, bags $100m led by FountainVest

China's Ushopal, a partner for luxury beauty brands, bags $100m led by FountainVest

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Shanghai-based Ushopal, an omni-channel partner for luxury beauty brands, has bagged $100 million in a Series D round of financing led by FountainVest Partners, an Asian PE firm with investments across consumer, media and technology, healthcare, industrials and financial services.