Despite a strict lockdown in Shanghai, the beauty giant’s Bold unit is on the lookout for local entrepreneurs working on innovative beauty and cosmetic technologies and products.

France-based cosmetics producer L’Oréal has formed an investment company in Shanghai, China, Xinhua reported yesterday, in the midst of the city’s strict covid-associated lockdown. The company, which will invest in local beauty technology developers, represents L’Oréal’s first investment unit in China. Business Opportunities for L’Oréal Development (Bold), a corporate venturing arm formed in 2018, will…

The rest of this content is only accessible to Global Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.