Mary Kay to invest $25 million in China, soon its largest market
Mary Kay Inc., the cosmetics seller famous for rewarding top sales agents with pink Cadillacs, plans to invest $25 million to build a distribution center in China, soon to be its largest market.
Local private equity firm Mekong Capital announced on Monday that it will invest US$2.6 million in a domestic restaurant chain operator through its Mekong Enterprise Fund II.