Perfect Corp news and archive

Perfect Corp posts revenue growth amid privatization discussions

Taiwanese technology provider Perfect Corp, which specializes in artificial intelligence (AI) and augmented reality (AR) solutions for the fashion and beauty sectors, has released its financial results for the first quarter ended March 31, 2026. The company reported a 12 percent increase in total revenue, reaching 17.9 million dollars compared...

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Perfect Corp receives take-private proposal from CEO

AI and AR fashion tech company Perfect Corp has confirmed the receipt of a non-binding proposal to take the company private. The bid, valued at 1.95 dollars in cash per ordinary share, was made by the firm’s founder, chief executive officer and chairwoman, Alice Chang, and her controlled entities, or consortium members. Together, the group...

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Perfect Corp. records annual revenue growth despite one-time impairment charge

The Taiwan-based AI and AR technology firm Perfect Corp. reported total revenue of 69.17 million dollars for the fiscal year ended December 31, 2025, representing a 14.9 percent increase over the previous year. This growth was primarily fueled by the continued expansion of its business-to-consumer (B2C) mobile app and web service subscriptions,...

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Perfect Corp. reports strong Q2 driven by AI and AR subscriptions

Perfect Corp., a leading artificial intelligence (AI) company specialising in AI and augmented reality (AR) solutions for the beauty and fashion industries, announced its unaudited financial results for the second quarter and first half ended June 30, 2025. The company reported robust revenue growth, primarily propelled by its mobile app and web...

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Wanna introduces virtual try-on for high heels using AR

Wanna, a fashion AR & 3D virtual solutions provider that’s part of Perfect Corp., has launched its debut virtual try-on experience for high heels. The first of its kind, the experience lets online shoppers see how the high heels would look on their feet and decide on the shape, heel height, and overall style. According to UX insights from Wanna,...

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Perfect Corp. sees 12.1 percent revenue growth in Q1

Perfect Corp., a fashion and beauty tech solutions provider, in its unaudited financial results for the first quarter reported revenue of 16 million dollars, a 12.1 percent increase compared to the same period last year. This growth was mainly fuelled by the increasing adoption of its AI and AR-powered cloud solutions, along with subscriptions...

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Perfect Corp. acquires virtual try-on expert Wannaby

Beauty and fashion tech solutions provider Perfect Corp. has entered into an agreement with Farfetch, to acquire Wannaby, a digital immersive experiences expert. This acquisition, Perfect Corp. said in a release, represents a significant milestone in integrating advanced technology, enabling the company to expand its offerings into new luxury...

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Perfect Corp Q2 revenue up, but swings to loss

Perfect Corp, a company that provides AR and AI Software-as-a-Service (SaaS) for global beauty and fashion businesses, has swung to a loss in the second quarter despite posting an 11.9 percent increase in revenue. The US company made revenue of 12.7 million dollars in the three months to June 30, which it said was primarily due to strong growth...

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Perfect Corp to debut AR beauty solutions in airports via new partnership

Tech firm Perfect Corp has unveiled a new partnership with travel retailer Dufry, which will see its artificial intelligence (AI) and augmented reality (AR) beauty solutions debut in a number of duty free airport locations. The deal introduces in-store and virtual makeup try-ons for 15 brands – including Benefit, Kylie Cosmetics and Huda Beauty...

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How beauty retail is leading the way in tech innovation

Virtual try-on – or VTO – refers to the use of augmented reality (AR) to view digitised versions of an object, most often seen in the overlay of an image that aims to give an idea of what something may look like in the ‘real world’. It is this technology that is at the forefront of Perfect Corp’s B2B offering, sitting alongside other artificial...

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Perfect Corp to carry out 20 million dollar share repurchase plan

Tech firm Perfect Corp has announced it will be carrying out a large-scale share purchase plan after its board of directors authorised the move. Such a strategy will allow the company to repurchase up to 20 million dollars of its Class A ordinary shares over a 12-month period. It comes as Perfect Corp’s board outlined its beliefs that the shares...

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Perfect Corp. posts quarterly sales growth of 9.7 percent

Perfect Corp. reported revenue growth of 9.7 percent to 12.1 million dollars for the quarter and up 0.9 percent year over year, primarily due to strong growth momentum in AR/AI cloud solutions and subscription revenues. The company, provider of augmented reality (AR) and artificial intelligence (AI) Software-as-a-Service (SaaS) solutions to...