Gree Ventures, the corporate venturing unit of mobile social company Gree, has reinvested in Singapore-based online cosmetics and beauty shop Luxola, which has followed up a reported $2m series A round last year with a series B round worth a reported $10m.
Transcosmos Investments & Business Development, a strategic corporate investor and an active local business partner for US internet technology companies expanding into the Japan and Asia marketplaces, has co-invested with Gree Ventures, the corporate venturing unit of Japan-based mobile social company Gree, in a series B round of funding worth a reported $10m for online cosmetics retailer Luxola.
E-commerce and online beauty product sites are increasingly seeing year-on-year growth in Asia, and subsequent funding from strategic corporate investors and venture…
