Kelti Daily Product
Kelti Daily Product owns and operates a chain of beauty salons
About Kelti Daily Product
Chlitina Holding Limited operates as a prominent player in the beauty and skincare sector, primarily through a franchise-based business model. The company was founded in Taiwan in 1989 by Chen Wu-Kang, a chemist who pioneered the application of amino acids in skincare products. After experiencing several business failures, Chen established the company at the age of 50, initially selling a facial cleanser to small beauty parlors. His daughter, Joanna Pi-Hua Chen, witnessed her father's early struggles and, after building her own success in real estate, joined the family business to spearhead its expansion into mainland China in 1997. She adapted the business model from multi-level marketing to a franchise system to comply with local regulations, opening the first salon in Shanghai in 1999.
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The core of Chlitina's business is the manufacturing, marketing, and distribution of its own skincare and beauty products to a vast network of franchised beauty salons. This asset-light model has enabled rapid expansion, with the network growing to over 5,000 stores across Greater China and Southeast Asia. The company generates revenue by selling its products to these franchisees, who also pay a one-time licensing fee. A significant portion of its sales, over 90%, originates from mainland China. The product portfolio is extensive, featuring multiple lines such as facial care, body products, and aromatic items, all developed in-house at its R&D centers and manufacturing plants in Taiwan and Shanghai. This vertical integration ensures quality control and responsiveness to market trends.
Chlitina's target market is the rising middle-class consumer, positioning itself as an "affordable luxury" brand. The company's services extend beyond product sales, offering comprehensive training to its franchisees and their employees through its own institutes, covering skincare techniques, health practices, and salon management. To further diversify, Chlitina has expanded into the medical aesthetics space with UPLIDER and JINGHE clinics, which offer light cosmetic procedures. It also operates RnD, a manicure and eyelash care business, and has developed its own e-commerce platform, Xinmeili, to sell its products and other wellness items like dietary supplements directly to consumers. This multi-channel strategy aims to create a comprehensive beauty and health ecosystem.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| OtherOther financing | Jan 2015 | $0 | — | Prax Capital | ↗ |
| LATE VC✓Equity / VC | Sep 2007 | $20M | $80M | Prax Capital | — |
Growth signals
Latest recorded traffic for Kelti Daily Product is 100 monthly website visits, down 33.3% over the last three months.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
- PCPrax Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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