AmorePacific signed a joint business planning agreement with Kakao to sell cosmetics products on the KakaoTalk mobile messenger, company officials said Monday. The two agreed to cooperate closely to create business opportunities and conduct advanced data-driven marketing activities utilizing advertising and commerce platforms during a signing ceremony at AmorePacific s headquarters in Seoul.
AmorePacific, a cosmetics giant, on Tuesday reported a 25.3 percent decrease in net profit in the first quarter from a year earlier due to sluggish sales amid a global slowdown.
AmorePacific, a cosmetics giant, on Tuesday reported a 25.3 percent decrease in net profit in the first quarter from a year earlier due to sluggish sales amid a global slowdown, AmorePacific posted a net profit of 89.7 billion won ($66.8 million) on a consolidated basis in the January-March period, compared with 120 billion won logged a year ago, according to its regulatory filing.
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