China VC Weekly: SHEIN Goes Big, AR Gets Real In last week’s VC news, fast fashion e-commerce giant SHEIN set its eyes on a massive $100 billion valuation, several local AR/VR firms raised considerable investment rounds, PAG took a major stake in %Arabica, and more.
PAG Invests in Boutique Coffee Brand %Arabica PAG has completed investment in Chinese gourmet coffee brand %Arabica, becoming a major shareholder of the firm.