LiveX, a startup leading innovative changes in the beauty tech field, announced that it has been finally selected as a Small Giant Enterprise by the Ministry of Employment and Labor. This selection was made by comprehensively considering factors such as wage arrears, occurrence of industrial accidents, credit rating, and a minimum number of insured employees. LiveX has solidified its position as an excellent small and medium-sized enterprise by meeting these strict criteria.
As a selected Small Giant Enterprise, LiveX will receive various government support benefits including recruitment assistance, corporate promotion, preferential treatment in selection and screening, and financial incentives, enabling the company to accelerate business expansion and technology development. Additionally, benefits such as preferential tax audits will be provided, which are expected to strengthen the stability of corporate operations.
Song Jeong-ung, CEO of LiveX, stated, “Being selected as a Small Giant Enterprise is meaningful as it signifies that the innovation and values we pursue have been socially recognized,” and added, “This will be an opportunity to further expand our vision to contribute to the development of the beauty industry through our designer training education system, salon brand operation, and IT technology development.”
LiveX focuses on developing IT solutions that help designers concentrate solely on procedures while enhancing customer satisfaction and convenience. Through this, the company has been evaluated as having raised work efficiency and service quality within the beauty industry to a new level. This innovative approach has also attracted attention within the industry, receiving positive responses from many designers and customers.
LiveX stated that it will continue to strive relentlessly to grow as a leader in the beauty tech startup sector through continuous research and development and creative business models.
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