About hince
hince is a company based in Seoul (South Korea) founded in 2018 was acquired by LG Household & Health Care in September 2023.. hince operates in a competitive market with competitors including Craver, Mediheal, Nature Republic, Laneige and Swanicoco, among others.
- Headquarter Seoul, South Korea
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Sectors
ConsumerHealthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Viva Wave Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
LG Household & Health Care
(Sep 30, 2023)
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Funding Insights of hince
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in hince
hince has secured backing from 1 investor. Prominent investors backing the company include LG Household & Health Care. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multi-category beauty and household products are retailed online.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by hince
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - hince
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hince Comparisons
Competitors of hince
hince operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Craver, Mediheal, Nature Republic, Laneige and Swanicoco, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category skin care products are developed and distributed by Craver.
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| domain | founded_year | HQ Location |
Facial care products are branded and distributed by Mediheal.
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| domain | founded_year | HQ Location |
Cosmetics and skincare products are provided by Nature Republic internationally.
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| domain | founded_year | HQ Location |
Runs a direct-to-consumer brand for multi-category K-beauty care products.
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| domain | founded_year | HQ Location |
Online platform offering multi-category beauty products
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hince
Frequently Asked Questions about hince
When was hince founded?
hince was founded in 2018.
Where is hince located?
hince is headquartered in Seoul, South Korea.
What does hince do?
hince was founded in 2018 and is based in Seoul, South Korea. Operations are conducted as an internet-first brand within the cosmetics sector. A range of products for skin, lip, eye, and face care is provided through online platforms. The domain hince.co.kr supports digital distribution and customer access in the beauty industry. Focus is placed on direct-to-consumer sales without physical retail emphasis.
Who are the top competitors of hince?
hince's top competitors include Mediheal, Craver and stylenanda.
Who are hince's investors?
hince has 1 investor. Key investors include LG Household & Health Care.