Perfect Corp. debuts on New York Stock exchange

By

Jennifer Braun

Published
Nov 2, 2022

Beauty and fashion software company Perfect Corp made its debut as a publicly listed company on Monday. 

Trading on the New York Stock Exchange (NYSE), the company is listed under the ticker symbols "PERF" and "PERF WS", respectively. The move makes the company the first Taiwan-based SaaS company listed on the NYSE. The company first agreed to go public in the United States back in March, in a deal that valued it at $1.02 billion.

Founded in 2015, Perfect is a global leading provider of AI and AR SaaS solutions to the beauty and fashion industries. Most recently, it launched its new AR Ring Virtual Try-On and AR Bracelet Virtual Try-On tools. It operates offices in 11 cities worldwide, including New York, Tokyo, Paris, and Shanghai and it serves over 450 cosmetic brands.

“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, who together with Perfect’s senior management team, rang the bell to open the first trading day of Perfect’s shares.

“We have come this far thanks to our dedicated and world-class team of talents. Together, we have built Perfect into a global industry leader. We would like to thank our strategic investors and clients for their support and trust and for helping us to reach this milestone. Our NYSE listing marks not the destination but the beginning of an exciting new chapter."

Looking ahead, Perfect aims to expand beyond the beauty and fashion industries with its technology leadership and omnichannel reach, while augmenting its innovative AR and AI SaaS solutions.