ASIABNC Signs Underwriting Agreement for KOSDAQ Listing

경제뉴스
2024-09-20 17:11 PM
(이코노미아울렛-뉴스)

ASIABNC, a global distribution company, has selected Shinhan Investment & Securities as its chief organizer and NH Investment & Securities as co-organizers to facilitate its listing on the KOSDAQ. On August 16th, the company signed a listing management contract at the headquarters of Shinhan Investment & Securities in Yeouido, Seoul.

In the first half of this year, K-beauty-related stocks, such as Silicon 2 Co. Ltd., have recorded high stock prices. The market’s attention is now focused on ASIABNC’s initial public offering (IPO), as the company is responsible for cosmetics exports and marketing.

Founded in 2016, ASIABNC is a distribution company that exports K-beauty brand products, including ‘rom&nd’, ‘nuse’, ‘S.NATURE’ and ‘ongredients’ to approximately 60 countries worldwide. By leveraging various distribution networks and its accumulated global distribution and marketing capabilities, it has achieved stable export performance, targeting not only major Asian markets such as Japan, China, and Vietnam but also regions in the Americas and Europe.

In particular, ASIABNC is an overseas distributor for the makeup brand ‘rom&nd’ and has maintained a close partnership since the brand’s launch. Through active sales and marketing efforts, it has significantly contributed to the growth of as a global brand by continuously expanding the number of export countries and entry channels.

After the COVID-19 pandemic, as contactless consumption increased and the global e-commerce market expanded, the company quickly adapted by boosting its revenue share through global e-commerce channels such as Amazon, Qoo10, and Tmall.

Recently, it has been accelerating its export performance by expanding its global market base and collaborating with both domestic and international high-demand brands, including S.NATURE, BEAUTY OF JOSEON, and LG Household & Health Care.

ASIABNC achieved record-breaking performance last year by implementing trendy marketing strategies, including the expansion of global e-commerce operations, utilizing TikTok for marketing, and conducting both online and offline promotions optimized for local markets.

In 2023, sales were 74.1 billion KRW, marking an 82% increase, with operating profit up by 28% compared to 2022. Sales in the first half of 2024 reached 60 billion KRW, reflecting a year-over-year increase of 103%, and already achieving 80% of last year’s total sales. Additionally, the operating profit ratio has continued to exceed 10%. The company is on track to reach its target sales of 120 billion KRW by maintaining profitability-based growth in the second half of the year.

ASIABNC has launched and is currently operating the hair and body care brand ‘odiD’, available at OLIVE YOUNG, as well as the rice-based food brand ‘LALA Cook’. The company’s strategy goes beyond mere distribution; it aims to establish itself as a global consumer goods company that encompasses the entire K-lifestyle sector.

Based on its growth potential, ASIABNC is actively pursuing an initial public offering (IPO) and plans to enhance its competitiveness in the global market through this listing.

Hwang Jong-Seo, CEO of ASIABNC, stated, “We have maintained strong growth by increasing brand awareness through global e-commerce platforms such as Amazon and Shopee, and by building a robust sales network with local partners.”

He added, “Following the establishment of our subsidiaries in China, the Philippines, and Japan, we will actively pursue the creation of subsidiaries in the U.S., Hong Kong, and Europe to grow as a leading global K-brand company by enhancing our local sales capabilities.”

About ASIABNC

Since its establishment in 2016, ASIABNC has been a distribution company that exports K-beauty brand products, including ‘rom&nd’, ‘nuse’, ‘S.NATURE’, and ‘ongredients’, to approximately 60 countries worldwide. Leveraging diverse distribution networks and extensive global distribution and marketing expertise, the company has achieved consistent export performance by targeting not only major Asian markets such as Japan, China, and Vietnam but also regions in the Americas and Europe.

Website: http://www.asiabnc.co.kr


함께 보면 좋은 콘텐츠

All posts
경제뉴스 2024-07-04 10:12 AM

한국 딜로이트 그룹 ‘딜로이트 Consumer Signals 인덱스’ 공개

(이코노미아울렛-뉴스)팍팍한 재무 상황이 이어지며 민간 소비가 좀처럼 회복되지 못하는 가운데, 글로벌/한국 소비자 심리 파악 및 기업 전략 수립에 유용한 분석 지표가 공개됐다. 한국 딜로이트 그룹이 발표한 ‘딜로이트 Consumer Signals(Link)’ 인덱스는 한국 포함 20개국 국가별 18세 이상 1000명 대상 설...

경제뉴스 2024-07-18 18:12 PM

초격차 DIPS1000+ 스타트업, 아시아 시장 진출위해 글로벌 IR 행사 개최

(이코노미아울렛-뉴스)중소벤처기업부, 창업진흥원에서 선발한 초격차 스타트업 1000+ 프로젝트(DIPS1000+)의 일환으로 준비된 글로벌 릴레이 IR 프로그램이 싱가포르와 일본에서 성공적으로 마무리됐다. 싱가포르 글로벌IR 데모데...

경제뉴스 2024-07-24 14:50 PM

DCO Calls for Urgent Discussions with Member States, Digital Experts to Address Recent Global IT Outage’s Implications

(이코노미아울렛-뉴스)The Digital Cooperation Organization’s (DCO) General Secretariat said in a statement that it will hold urgent discussions with its Member States and digital economy experts to address the implications of the global IT outage that disrupted vital operations around the world, affecting critical business sectors like aviation, banking, broadcast media, software provide...

경제뉴스 2024-07-09 17:36 PM

제나웰니스, 청년 디자이너 편집숍 ‘텐바이브’ 사업설명회 개최

(이코노미아울렛-뉴스)제나웰니스가 동대문 맥스타일에서 청년 디자이너 편집숍 ‘TEN VIBE (텐바이브)’의 오픈을 앞두고 입점할 청년 디자이너를 모집한다. 제나웰니스가 동대문 맥스타일 ‘텐바이브’ 편집숍 입점 청년 디자...

경제뉴스 2024-07-04 09:30 AM

Catholic Development Fund Deploys Boomi to Automate Complex Fiscal Processes

(이코노미아울렛-뉴스)Boomi™, the intelligent integration and automation leader, today announced that Catholic Development Fund chose Boomi to automate its customers’ corporate card reconciliation process, reducing complexity and speeding time-to-value for Catholic organisations. Catholi...

경제뉴스 2024-08-22 18:02 PM

퍼브매틱, 2024년 2분기 실적 발표… 옴니채널 비디오와 모바일 앱 성장으로 수익성 향상

(이코노미아울렛-뉴스)미래의 디지털 광고 생태계를 구축해 나가는 독립형 애드테크 기업 퍼브매틱이 2024년 2분기 실적을 발표했다. 이번 실적 발표에서 퍼브매틱은 옴니채널 비디오와 모바일 앱에서의 강력한 성장과 함께, 수익성 향상 및 인프라 최적화를 통해 안정적인 성과를 기록했다고 밝혔다. ...

경제뉴스 2024-08-08 15:00 PM

6센스, 2024년 포브스 클라우드 100대 기업 선정

(이코노미아울렛-뉴스)B2B 조직이 파이프라인을 생성, 관리 및 수익으로 전환하는 방식을 혁신하는 선도적인 플랫폼인 6sense®가 4년 연속 ‘포브스 클라우드 100대 기업(Forbes Cloud 100)’에 이름을 올렸다고 발표했다. 포브스 클라우드 100대 기업은 포브스가 베세머 벤처 파트너스(Bessemer Venture Partners) 및 세...

경제뉴스 2024-07-05 10:00 AM

한화생명 ‘2024 지속가능경영보고서’ 발간

(이코노미아울렛-뉴스)한화생명이 ESG(환경·사회·지배구조) 경영 성과와 향후 전략 방향을 담은 ‘2024 지속가능경영보고서’를 발간했다고 5일 밝혔다. 2024 한화생명 지속가능경영보고서 한화...

경제뉴스 2024-08-02 11:20 AM

Point2Web Collaborates with NewsBreak to Extend Advertising Reach for Clients

(이코노미아울렛-뉴스)Point2Web, your ultimate marketing powerhouse in creative, advertising, and performance marketing, is thrilled to announce its appointment as the first Agency Sales Partner in Europe for NewsBreak, America's leading platform for local news and information, with over 40 million monthly active users. Together, Point2Web and NewsBreak are poised to deliver ex...

경제뉴스 2024-08-12 13:50 PM

씨엔티테크, 2024 초기창업패키지 101멘토링 참여기업 모집

(이코노미아울렛-뉴스)투자 전문 액셀러레이터 씨엔티테크(대표이사 전화성)가 2024년 초기창업패키지에 선정된 기업을 대상으로 2025년 1월 31일까지 ‘101멘토링’ 프로그램을 상시 운영한다고 밝혔다. 씨엔티테크, 2024초기창업...

경제뉴스 2024-07-22 09:30 AM

와컴퍼니, 국내 최초 ‘전산경리 자격시험’ 시행… 실기 프로그램으로 웹케시 ‘AI경리나라’ 활용

(이코노미아울렛-뉴스)B2B 핀테크 전문 기업 웹케시(대표 강원주)가 최초 시행되는 ‘전산경리 자격시험’의 수험용 프로그램으로 ‘AI경리나라’가 채택됐다고 22일 밝혔다. 웹케시 ‘AI경리나라’가 활용된 ‘전산경리 자격시...

경제뉴스 2024-07-29 17:03 PM

창조경제혁신센터협의회 ‘지역 창업생태계 리포트-2024 포항’ 발간

(이코노미아울렛-뉴스)창조경제혁신센터협의회(이하 협의회)는 기존 창업통계와 차별화해 도시 단위의 창업생태계를 정례적·개괄적으로 분석하는 ‘지역 창업생태계 리포트’를 발간했다. 이번 보고서는 △포항 창업생태계 현황 △포항 창업생태계 특화산업 분석 △포항 창업생태계 진단 △해외사례...

Top