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Memebox

Memebox

Memebox is a Seoul based consumer ecommerce start-up that sells Korean and some international cosmetics brands all at discounted prices. [1] The products include skincare items, perfumes, organic based products and various other cosmetics. The company's headquartered in San Francisco, California and has offices in Korea, China, the US. [2] [3]

History

Memebox was founded in 2012 by CEO Hyungseok Dino Ha and COO Doin Kim in Seoul, South Korea.

[4] In 2014 Memebox launched its private-label cosmetics brand and also launched new iOS and Android mobile apps.

[5] [6]

Memebox initial funding began with $1.5 million in venture funding for US expansion.

[7] [8] It raised Series B funding of $29.35 million in 2015 from investors include Y Combinator, AME Cloud Ventures, Formation 8, Goodwater Capital, Pejman Mar Ventures, Winklevoss Capital, Cowboy Ventures, FundersClub and Altos Ventures. [9] [1] [1] Funding used to expand its mobile and e-commerce market in China, the US and Korea. [1] [1] In 2016, MemeBox closed on $65.95 million in series C funding. [1]

It creates a partnership with YouTube stars to create exclusive collections.

These collabration bridge the gap between American and Asian cosmetics.

[1] [1]

References

[1]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-termsfor further details.Images/media credited individually (click the icon for details).
Sep 21, 2016, 7:56 AM
[2]
Citation Linkforbes.com"South Korean Cosmetics Startup Memebox Aims Globally By Raising $29 Million"
Sep 21, 2016, 7:56 AM
[3]
Citation Linkthenextweb.com"Legal services and cosmetics — these two startups catch the eye of SparkLabs' seed-stage fund"
Sep 21, 2016, 7:56 AM
[4]
Citation Linktechinasia.com"Korean startups that use local advantages effectively"
Sep 21, 2016, 7:56 AM
[5]
Citation Linkfashionista.com"STARTUP MEMEBOX MARKS THE NEXT PHASE OF KOREAN BEAUTY'S WORLD DOMINATION"
Sep 21, 2016, 7:56 AM
[6]
Citation Linktechcrunch.com"Callr Releases A Mobile App To Make Conference Calls Less Of A Hassle"
Sep 21, 2016, 7:56 AM
[7]
Citation Linksf.racked.com"Memebox Gears Up for Global Beauty Domination"
Sep 21, 2016, 7:56 AM
[8]
Citation Linkvcpost.com"South Korean beauty box Memebox bags $1.5M in funding for US expansion"
Sep 21, 2016, 7:56 AM
[9]
Citation Linktechinasia.com"How Memebox moved from Seoul to San Francisco and grew its US revenue 10x in nine months"
Sep 21, 2016, 7:56 AM
[10]
Citation Linktechcrunch.com"With $29M In Funding, Memebox Brings Korean Beauty Products To The World"
Sep 21, 2016, 7:56 AM
[11]
Citation Linksnapmunk.com"FUNDING ROUNDUP – 3/13/15"
Sep 21, 2016, 7:56 AM
[12]
Citation Linkwwd.com"Memebox Raises $29.4 Million"
Sep 21, 2016, 7:56 AM
[13]
Citation Linke27.co"Korea's Memebox raises US$29 million in Series B funding"
Sep 21, 2016, 7:56 AM
[14]
Citation Linkventurebeat.com"Teckst raises $2.5M to kill the phone call and let customers text with brands"
Sep 21, 2016, 7:56 AM
[15]
Citation Linksocial.techcrunch.com"Memebox raises $66M for its e-commerce platform for Korean beauty products"
Sep 21, 2016, 7:56 AM
[16]
Citation Linkbeautypackaging.com"Memebox To Collaborate with YouTube Stars"
Sep 21, 2016, 7:56 AM
[17]
Citation Linkforbes.com"The Latest in Korean Beauty: Memebox Brings In-Demand Asian Cosmetics to America"
Sep 21, 2016, 7:56 AM