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Perfect Corp

perfectcorp.com

What Do They Do?

Sells artificial-intelligence photo and video editing tools through YouCam apps and a web service to consumers. Provides beauty and fashion brands with virtual try-on and related digital tools.

Who Are Their Customers?

Beauty and fashion brands, retailers, skincare clinics and med spas work with the company through its enterprise sales team for tools used on websites, apps and kiosks. Consumers get YouCam apps through app stores and can subscribe to premium features.

How Are They Changing?

Consumer apps become a core business The earlier report described mobile apps mainly as a testing ground, with commercialization through beauty brands and retailers as the core SaaS business. The latest report presents a hybrid consumer-and-enterprise model and describes paid consumer app features.

Broader fashion try-ons The earlier report described fashion try-ons for eyewear, jewelry, headwear and watches; the latest adds shoes, bags, scarves and clothes through Wannaby.

Generative creation and editing The earlier report described mobile apps for virtual try-ons and portrait retouching; the latest adds generative photo and video creation and editing tools, plus API licensing for developers.

Who Do They Compete With?

Competes with PicsArt, FaceApp, BeautyPlus, AirBrush, Creati, SeaArt, PhotoRoom, Videoleap, Capcut, AI Marvels, FaceTune, Remini, Davinci, Fotor, Picwish, Cutout.pro, Myedit, Leonardo.ai, Pixlr, and Modiface

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