Perfect Corp debuts on New York Stock Exchange

Beauty tech giant Perfect Corp has become a publicly listed company trading on the New York Stock Exchange.

The CCV-backed business, which primarily serves the beauty and fashion industries, is the first Taiwan-based software as a service company to be listed on the exchange.

“We are excited to make our debut today as a public company seven years after our inception. This is a momentous day for Perfect, and we are thrilled with what we have achieved,” said Alice Chang, founder and Chief Executive Officer of Perfect.

“Our NYSE listing marks not the destination but the beginning of an exciting new chapter.”

Perfect said that with its new access to the global capital market, it is hoping to expand its services to cater to other industries.

“Leveraging our access to the global capital market, we plan to extend our industry coverage from beauty and fashion and adjacent sectors, augment our innovative AR and AI SaaS solutions, and empower more enterprises around the world to deliver transformative virtual product try-on experiences to consumers,” added Chang.

Perfect has also completed a business merger with Provident Acquisition Corp, a special purpose acquisition company.

Wei Zhou, the founding and managing partner of CCV, said: “I’ve always believed in Alice and her team to make history and we think Perfect will continue to achieve greatness in the global market.”

Perfect was founded in 2015 and currently has offices located in 11 cities worldwide, including New York, Tokyo, Paris and Shanghai.