Search results for Beauty Kurly
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.
Games & Commerce
Kurly posts 13.1 billion won operating profit in 2025, first full-year profit
Retail tech firm Kurly posted an operating profit of 13.1 billion won in 2025, marking its first annual operating profit, it said on Tuesday. The company recorded operating profit for a fourth straight quarter. Revenue rose 7.8 percent from a year earlier to 2.37 trillion won, and gross merchandise value increased 13.5 percent to 3.53 trillion won. Kurly cited steady growth in its core businesses and portfolio diversification.
