Memebox was founded on February 7, 2012, by Hyungseok Dino Ha and Doin Kim. It is an e-commerce company that sells the latest beauty products and cosmetics online. All products are delivered free. The company is headquartered in San Francisco, California, USA but has its branches in Seoul, Shanghai, Hong Kong, Singapore, and Taiwan. The main goal of the company is to make Korean beauty products and cosmetics available throughout the globe as Korean beauty products and cosmetics are renowned for their quality throughout the world.
Every individual is unique and so is their skin. People may require beauty products for various purposes like getting rid of pimples, reducing the oiliness of their skin, making their skin fairer and softer, getting rid of dark circles, putting on lipsticks and nail polishes, etc. Whatever one’s needs, Memebox has a product for that person! Memebox is like the Amazon website for beauty products and cosmetics. It delivers them from across the globe. Only the best quality beauty products and cosmetics from the most renowned vendors across the world are listed on Memebox’s website and mobile app.
Diversified Product Line – At A Glance
They have special brands of lipstick (heart shaped) if you’re going out on a date. Also on offer are roll-on highlighting balms for your cheek to make them glow. Want more options? They have a heart-shaped stamp for your cheek. Also available is a wide variety of brow definers to make one’s eyebrows look neat and attractive. They have various brands of undereye brighteners to reduce dark circles and lipsticks and lipstick liners to make one’s lipstick neat and non-smudgy. They have various brands of concealers to hide the moles on one’s face, just to list some of their variety.
Overall, the product line is amazing and highly recommended. Also, new products constantly get added.
Funding And RoadMap
The company has secured close to USD 190 million funding. The latest round of funding took place on January 24, 2019, and it was the company’s Series D round of funding. The company secured USD 35 million in that round of funding. The Series D round of funding was solely sponsored by Johnson and Johnson Innovation. The company employs around 500 staff members but it plans to use the funds to expand its footprint across the globe and hire more employees. It plans to become the world’s number one beauty e-commerce portal.
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