估值近500亿的美妆IPO要来了

Group 1 - Goodai Global has finalized a list of 11 domestic and international securities firms as qualified candidates for its main underwriter for the upcoming IPO, following a selection proposal sent out about a month ago [1] - The company plans to organize roadshows for the selected underwriters on January 26-27, aiming to finalize the underwriting team, which is expected to clarify the IPO timeline [1] - Established in 2016, Goodai Global focuses on marketing and distributing Korean beauty products and has been actively acquiring local premium brands since 2019, mirroring L'Oréal's acquisition strategy [1] Group 2 - Goodai Global's total sales are projected to reach 1 trillion KRW (approximately 4.75 billion RMB) in 2024, with an operating profit of 140.7 billion KRW (approximately 670 million RMB), marking a doubling in growth compared to the previous year [1] - In 2025, the company made significant acquisitions, including a 75% stake in the globally popular makeup brand TIRTIR and an 84% stake in the skincare brand Skinfood, along with an agreement to acquire the operating entity of Round Lab [4] - To support these acquisitions, Goodai Global completed a financing round of 800 billion KRW (approximately 3.8 billion RMB) in December 2025, with a stipulation to complete the IPO within three years [4] - Analysts suggest that due to the rising valuations of Korean beauty companies in the capital market, Goodai Global's IPO valuation could exceed 10 trillion KRW (approximately 47.4 billion RMB) [4]