WEMAKEPRICE Signs Business Agreement with Cheongdam Global and BYSHUCO

Strengthening Global Product Competitiveness

Wemakeprice announced on the 29th that it has signed a 'Strategic Partnership Agreement (MOU) to Strengthen Global Product Competitiveness' with Cheongdam Global, a global distribution specialist company.

Wemakeprice, together with Cheongdam Global and its subsidiary Baishuko, will launch over 500 luxury cosmetic products in January. They plan to sequentially select key brands in fashion, food, and infant and child products to expand the product range and enhance customer satisfaction. Furthermore, by leveraging the global network of Wemakeprice's parent company Qoo10, they aim to expand sales channels to major hubs such as Japan and Singapore and achieve mutual growth.

On the 28th, at the Wemakeprice headquarters in Samseong-dong, Seoul, Shin Dong-eun, Head of H&B at Wemakeprice, Ryu Hwa-hyun, CEO of Wemakeprice, Baek Yong-geol, Vice President of Cheongdam Global, and Kim Hee-eun, CEO of Baishuko, signed a "Strategic Partnership Agreement to Strengthen Global Product Competitiveness" and took a commemorative photo.

Cheongdam Global is a global specialized distribution company supplying health foods and infant products to overseas platforms. Its subsidiary Baishuko has rapidly grown based on product and price competitiveness, with the number of users in the global luxury beauty direct purchase sector increasing more than 30 times in two years.

Ryu Hwa-hyun, CEO of Wemakeprice, said, "Through this agreement, Wemakeprice will offer major global products at special prices and jointly target the rapidly growing direct purchase market. Starting with beauty products, we will do our best to strengthen product competitiveness across various categories and enhance customer satisfaction."

This content was produced with the assistance of AI translation services.