Search results for Beauty Kurly
Games & Commerce
Kurly posts Q2 operating profit of 27.4 billion won, up 1,991 percent
Kurly posted a second-quarter operating profit of 27.4 billion won, extending its run of quarterly profitability to six quarters. Revenue rose 27 percent from a year earlier to 734.8 billion won. Net profit was 25.4 billion won, marking a second straight profitable quarter. The company cited improved profitability, including growth in commission-based revenue such as seller-delivered products, and higher gross margin.
Games & Commerce
Kurly Q1 operating profit up 1,277 percent, steps up IPO roadmap
Kurly posted record quarterly results in the first quarter, supported by balanced growth across its businesses and logistics upgrades. Revenue rose 28.4 percent from a year earlier to 745.7 billion won. Operating profit surged 1,277 percent to 24.2 billion won, and net profit turned positive at 20.3 billion won. Gross merchandise value increased 29 percent to 1.09 trillion won. Kurly said it will step up its IPO roadmap.
Industry
E-commerce firms bet on beauty as new growth engine
South Korean e-commerce companies are expanding their beauty categories as a new growth engine, leveraging existing memberships and logistics infrastructure. Platforms including Coupang, Kurly and Musinsa are widening their business scope, with early movers bringing in luxury and indie brands and later entrants strengthening foundations through offline touchpoints. Musinsa, Zigzag and Ably are also pushing beauty expansion. Companies are also increasing private-label launches, while competition is expected to intensify.
