Memebox is a rapidly-growing, leading e-commerce beauty retailer born in Seoul, currently headquartered in Palo Alto, California.
News and Press
South Korean Cosmetics Startup Memebox Aims Globally by Raising $29 Million
On Wednesday, the company announced it raised $29 million from investors, including Yahoo cofounder Jerry Yang and a host of venture capital firms such as Formation 8, Goodwater Capital and Pejman Mar Ventures.
Startup Memebox Marks the Next Phase of Korean Beauty’s World Domination
Memebox, the first Korean company to be accepted into Y Combinator program, launched in Korea in 2011. It did a soft launch in the US 7 months ago and the experience for American shoppers has been all about the discovery of new beauty products.
How Memebox moved from Seoul to San Francisco and grew its US revenue 10x in nine months
Online Korean beauty store Memebox moved its headquarters from the cozy comforts of Seoul for the alluring but unknown haunts of San Francisco. The company’s US site went live on January 1, 2014. Although sales were sluggish at first, the site has since developed enough traction to hit US $700,000 in sales for September alone.
Memebox CEO seeks to help globalize K-beauty products
To offer the best Korean cosmetics products to global consumers, Memebox is an online monthly subscription service from which people can purchase a box of several selected cosmetic samples or other beauty products. The company now has more than 300,000 subscribers both at home and abroad, with about 1,000 customers who sign on for the service daily.
Founders / Key Team
Hyungseok Dino Ha
Prior to Co-Founding Memebox, Hyungseok was the B2B Sales Manager at Ticket Monster, a Seoul-based daily deals platform. Before that, he worked as a PR associate at Tom Ford and Versace. Hyungseok is a graduate of the Parsons School of Design.