Perfect Corp (NYSE: PERF) reported a 12.4% YoY sales growth in Q4 FY24, reaching $15.9 million, driven by strong demand for AI- and AR-powered cloud solutions and mobile app subscriptions. The company's YouCam app saw a 14.3% growth in active subscribers, while adjusted net income rose 8.2%.
Alibaba invests $71.4 million in Korean apparel brand Ably, valuing it at $2.1 billion. This marks Alibaba's first equity investment in a Korean shopping app.
Perfect Corp announced unaudited financial results for Q3 2024, with a 10.8% increase in revenue and growth in AI and AR solutions and mobile app subscriptions.
Perfect Corp announced unaudited financial results for Q2 2024 with total revenue of $13.9 million, an increase of 9.6%. Net income was $0.8 million compared to a net loss in Q2 2023.
