Perfect Corp Explained

Perfect Corp.
Type:Public
Industry:Saas, AI, AR
Predecessors:-->
Founded:June 1, 2015
Founder:Alice Chang
Successors:-->
Hq Location City:New Taipei City, Xindian District
Hq Location Country:Taiwan
Area Served:Worldwide
Products:AI and AR beauty technological products
Services:SaaS, AI, AR beauty and fashion tech services
Owners:-->
Num Employees:201–500
Num Employees Year:2023

Perfect Corp is a global SaaS artificial intelligence and augmented reality company. It is headquartered in New York. The company provides SaaS AI, AR beauty and fashion tech services.[1] [2] It is listed on New York Stock Exchange with trade symbol (PERF).[3] [4]

Perfect Corp has created an AI beauty assistant for the virtual world.[5]

Their technologies are used by brands including Bobbi Brown, Estee Lauder, Madison Reed, and Ardell.[6] [7]

History

Founded by Alice Chang[8] in 2015,[9] [10] Perfect Corp was the first company to develop makeup virtual try-on with real-time camera support powered by machine learning.[11] [12] In 2020, Perfect Corp partnered with Google to launch a virtual try-on feature in Google shopping.[13] [14] It also partnered with Snapchat for Shoppable AR beauty try-on.[15]

Perfect Corp. has faced several lawsuits claiming that its customers are gathering biometric data from users without obtaining the necessary consent. A spokesperson for the company stated that, in accordance with company policy, they cannot discuss ongoing legal matters. However, the spokesperson emphasized Perfect Corp's commitment to protecting personal data and clarified that the company has never sold data to any third party.[16]

Awards

Notes and References

  1. Web site: Debter . Lauren . You Can Try Makeup Online Before You Buy It, Thanks To This Woman Entrepreneur . Forbes . en.
  2. Web site: How to participate in AR beauty virtual try-on experiences - Manufacturer Center Help . support.google.com.
  3. Web site: NYSE . www.nyse.com.
  4. Web site: Perfect Corp. Class A (PERF) . NASDAQ.
  5. Web site: yahoo!finance . May 6, 2024 . Perfect Corp. Unveils Unique 'Beautiful AI' Brand Solutions for Beauty, Skincare, and Fashion at Viva Technology 2024 . Yahoo . en.
  6. Web site: Forbes . January 11, 2023 . You Can Try Makeup Online Before You Buy It, Thanks To This Woman Entrepreneur . Forbes . en.
  7. Web site: BBC . June 21, 2021 . Virtual beauty tests used to be gimmicky but now they are useful . BBC . en.
  8. Web site: Watson . Rana Wehbe . Forbes Asia's Power Businesswomen 2023 . 2024-09-23 . Forbes . en.
  9. Web site: Debter . Lauren . You Can Try Makeup Online Before You Buy It, Thanks To This Woman Entrepreneur . 2024-09-23 . Forbes . en.
  10. Web site: Pastore . Alexandra . 2022-11-04 . Perfect Corp. on the Evolution of the Shopping Experience . 2024-09-23 . WWD . en-US.
  11. Web site: Hopkins . Kathryn . Beauty Tech Company Perfect Corp. Goes Public . WWD . 31 October 2022.
  12. Web site: Kite-Powell . Jennifer . Check Out These New Shoppable AR Lenses From Snapchat And MAC Cosmetics . Forbes . en.
  13. Web site: Perfect Corp Teams With Google To Help Consumers Virtually Try On Makeup - PYMNTS.com . Pymnts . 1 June 2021.
  14. Web site: Perez . Sarah . Google now lets you virtually try on makeup using AR, shop from influencer videos . TechCrunch . 17 December 2020.
  15. Web site: Cohen . David . Snap Teams Up With Beauty Tech Solutions Provider Perfect Corp. . www.adweek.com . 10 December 2020.
  16. Web site: Debter . Lauren . You Can Try Makeup Online Before You Buy It, Thanks To This Woman Entrepreneur . 2024-09-23 . Forbes . en.
  17. Web site: Perfect Corp (PERF) Stock Price & News . webbyawards.com . en.
  18. Web site: 2023 Winners . Edison Awards.
  19. Web site: 2021 Brilliance Awards - Winners Announced . BOC UK . 10 December 2021.
  20. Web site: Japan BeautyTech Awards 2019 . beautytechawards.com . ja.
  21. Web site: 2019 Red Herring Top 100 Asia Winners . Red Herring.
  22. Web site: YouCam Makeup named Google Play "Editors' Choice" . FashionNetwork.com . en-IN.
  23. Web site: Brookman . Faye . Cosmoprof Raises Roof on Attendance and Innovation . WWD . 1 August 2016.

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