On the 23rd November, the acquisition of Padang, a service providing mobile beauty information in Korea (operated by Gentle Family) acquired by Vanity Trove of Singapore, a startup specializing in beauty related information and operation of contents community. Padang was founded by four members with the aim of providing information of beauty shops in Seoul including any promotions, appointments, location, additional information, and customer reviews. Since starting in April 2015, the company had…

GlowDays the company behind GlowPick has received a Series A investment of US$1.3m (KRW 1.5b) from SL Investment,  Jafco Asia and ShinHan Capital.Glowpick is a cosmetic raking service that provides ranking based on consumer reviews of the product. The ranking process is somewhat different to other similar platforms in that GlowDays runs an algorithm to establish only credible and genuine review. A common problem in modern blogs and review platforms is the…

  Lycl Inc, the operator of Korea’s leading beauty SNS Unpa has confirmed receiving an investment worth US $1.2m (KRW 1.4b) from Partners Investment. The company has been consecutively selected as a leading medium corporation by the Department of Future Creative Science R&D. This investment has allowed Lycl Inc to secure capital position totaling US$1.7m (KRW 2b) which will allow upgrades to domestic services, provide operational stability and create a foundation for…