Find XO: Veramore Gains New Growth Engine Through Investment (platum.kr)
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Summary / Read source ↗
- Anti-aging skincare brand Veramore received a pre-Series A investment from Rakuten Capital.
- The actual opening from the investor's name is one Japanese e-commerce distribution channel.
- The market growing at 5.5% annually is divided slowly among large corporations, so when placed on shelves alongside AmorePacific or L'Oreal, the success depends on repurchase rates.
- The performance report of this investment is also likely to be the first quarter retention numbers.