For abounding bodies about the world, their acknowledgment to Korean pop ability is still bound to the aural and beheld wonders of Psy’s “Gangnam Style” video. In abundant of Asia, however, the appeal for Korean ball and articles is so able that it alike has a appropriate appellation in Chinese and Japanese that agency the “Korean Wave.” Adorableness articles are a blemish consign and Memebox, a Seoul-based e-commerce startup benumbed that surf, has aloof bankrupt a $17.5 actor Series B. Combined with its ahead unannounced Series A, this brings the absolute Memebox has aloft to $29.35 million.
Investors accommodate Formation 8, Goodwater Capital, AME Cloud Ventures, Pejman Mar Ventures, Y Combinator (Memebox took abode in its accelerator affairs aftermost year and was alleged as one of its cohort’s top three startups) , Winklevoss Capital, FundersClub, Cowboy Ventures, and Altos Ventures.
Founder Dino Ha, who ahead formed for artist Tom Ford afore affective on to South Korea’s Ticket Monster, tells TechCrunch that Memebox will use the basic to body its operations in South Korea, the U.S., and China, its newest market. In accession to upgrading its adaptable apps, which currently annual for 80 percent of its transactions, Memebox will additionally aggrandize its clandestine cosmetics and bark affliction label, and advance its acumen network.
Bringing “K-Beauty” To The WorldMemebox differs from added adorableness box casework
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