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    News

    Amorepacific and Lazada Group signs an MOU to strengthen partnership and enhance brand outreach in Southeast Asia

    2019-05-16

    Korea's biggest beauty company Amorepacific announced that it has signed a Memorandum of Understanding (MOU) with Southeast Asia's leading e-Commerce company Lazada Group to strengthen its strategic partnership and work together to solidify their brand outreach in Southeast Asia.

    The MOU is aimed at invigorating Amorepacific’s online business in Southeast Asia, a key global strategic region. Lazada will enable the beauty company to leverage the e-Commerce platform’s extensive network and accelerate the growth and enlarge its market share in the region by showcasing its innovative "Asian Beauty" products to a greater consumer base.

    The MOU signing event was held at Amorepacific Global Headquarters in Seoul, in the presence of the key executives of the both companies including Amorepacific's President Ahn Sehong and Lazada Group's Chief Executive Officer (CEO) Pierre Poignant. Both companies will work together to provide a differentiated customer experience in the Korean beauty category to consumers in the region. The MOU is expected to strengthen Amorepacific’s leadership in beauty products and services by leveraging Lazada’s digital technology and competitive standing in the e-commerce space.

    Amorepacific's President Ahn Saehong (left) and Lazada Group's CEO Pierre Poignant (right) signing a MOU at Amorepacific Global Headquarters in Seoul.

    The new MOU will allow both companies to launch new brands and collaborate on various projects, such as exploring new retail business that combines online and offline channels as well as innovative data marketing. Both companies will also build a strategic partnership for the protection of intellectual property rights on Lazada's online market to establish a stable e-commerce ecosystem.

    "With this MOU with Lazada Group, we expect to see some mutually beneficial outcomes," said Amorepacific President Ahn Sehong. "Amorepacific will continue to create touchpoints with more ASEAN customers and promote innovation in the customer experience through the digital channel."

    “This partnership is our commitment and joint ambition to build our Asian beauty and skincare category and provide an elevated shopping experience," said Pierre Poignant, CEO of Lazada Group. “Beauty is one of Lazada’s top product categories across the region and we are excited to combine our digital expertise with Amorepacific’s offerings to create the best shopping experience for our customers.”

    Amorepacific already uses Lazada Group's digital platform to distribute its key brands such as Laneige, Mamonde, Innisfree and Etude House, in major ASEAN markets including Singapore, Thailand and Vietnam.

  • 工人日报:举报垃圾短信者被“拉黑”不是一个小问题 2019-07-18
  • 你的声音,说一句话就能被克隆 2019-07-18
  • 步态加速度能预测情绪变化 2019-07-13
  • 西安市:构建“五方联动”社会治理新格局 2019-07-09
  • 粽香传真情 军民一家亲 2019-07-09
  • 解说米勒谈WE:LPL夏季赛夺冠可能性不大 2019-07-07
  • 房价炒成这个样子,还不准说,像话么? 2019-07-07
  • 为了守护净土 1102位羌塘牧民千里迢迢南迁至拉萨 2019-07-05
  • 南宁营造良好社会治安环境 力保维护“两会”平安 2019-07-04
  • [大笑]小撸是三叶虫还是鱼鐅? 2019-07-04
  • 从学生到士兵:携笔从戎的青春不后悔 2019-06-23
  • 一语惊坛(5月30日):磋商,不等于反复折腾。 2019-06-23
  • 坚持思想建党 推进理论强党 2019-06-21
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  • 升级是硬道理 MQB平台全新一代宝来驾乘体验更舒适 2019-06-08
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