Louis Chen, Executive Vice President and CSO of Perfect Corp – Industry Makeover: The technological transformation of beauty brands

Show Notes

Summary:
AI and AR technologies are rapidly becoming stable stakes for any retail experience, and today's guest is leading the way there. On this episode, we're talking to Louis Chen, Executive Vice President and Chief Strategy Officer at Perfect Corp, which trades under the symbol PERF. Perfect is an AI and AR-powered beauty tech solutions provider, and Louis leads the company's corporate development, strategic partnerships, and marketing efforts. He joined Perfect when it was established back in June of 2015, starting as Vice President of Business Development and Marketing.  Prior to that, Louis spent 12 years at Cyber Link, where he served as VP of Business Development and Marketing, heading Consumer Business.

Louis has a Bachelor's and a Master's Degree in computer science from National Taiwan University. He joined me from his office in Taipei to tell us about Perfect's groundbreaking technology, and how it's transforming the beauty industry.

Highlights:

• Louis explains how Perfect came about (2:56)
• The total addressable market for this technology (5:50)
• The multi-channel approach for the product (6:34)
• How Perfect fits in with the ESG goals of their customers (9:13)
• The ROI for the customer (11:17)
• Perfect's go-to-market strategy (13:48)
• Louis discusses the geographic footprint of the company (16:10)
• Growth potentials for this technology (17:40)
• The adjacencies for the technology down the road (19:44)
• The company's financial performance (21:46)
• Perfect's approach to allocating capital (23:48)
• The company's strategy on acquisitions (25:11)
• Louis' observations on consumer behavior in this space (26:05)
• What investors might not understand about the company (27:21)
• Louis talks about the importance of the company founder's insight (29:19)
• Perfect's management team (30:05)

Links:

ICR Twitter

ICR LinkedIn

ICR Website

Louis Chen LinkedIn

Perfect Corp website

Perfect Corp LinkedIn

Perfect Corp Twitter

Feedback:

If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, [e-mail].

What is Welcome to the Arena from ICR – Conversations with Today's Innovators & Business Leaders?

In the increasingly crowded and competitive corporate and financial ecosystem, it’s harder than ever for companies to break through the clutter and be heard. The media, investors, agenda-driven influencers, even customers and competitors, are defining your business story on their terms. Therefore, it is imperative that companies take control and proactively drive the conversation with stakeholders in an effort to build & maintain equity value.

In Welcome to the Arena from ICR, Co-Founder & CEO of ICR, Tom Ryan, interviews key business and financial players who influence the fate of public or aspiring public companies in the capital markets. As a former Wall Street Journal ranked sell-side equity analyst and the founder of one of the largest strategic communications firms in the world, Tom understands what it takes to navigate this complex environment.

This is a forum for CEOs, CFOs, institutional investors, sell-side analysts, financial journalists, private equity professionals and other financial community participants to share their stories and give advice in an open and candid conversation.

For more information, visit http://www.icrinc.com