Reuters | L’Oreal Invests In Cathay Innovation Fund To Develop Tech Startups in China

Announced on wednesday investment in global venture capital fund cathay innovation to develop beauty tech startups in china.

Strengthens connection to beauty tech startup ecosystem, particularly in china, the group’s second largest market and pioneer in digital innovation.

Participation done through company’s capital fund bold business opportunities for l’oreal development launched in dec 2018.