In this study, three dicaffeoylquinic acids (DCQAs) isolated from Gnaphalium affine D. DON. extracts were structurally identified and evaluated for their antioxidant activities, cellular protective effects, and tyrosinase inhibitory activities. The ethyl acetate fraction of G. affine was chromatographed, which yielded 3 DCQA derivatives of 1-3 : 3,5-dicaffoylquinic acid (3,5-DCQA, 1), 4,5-dicaffeoylquinic acid (4,5-DCQA, 2), 1,5-dicaffoylquinic acid (1,5-DCQA, 3). The structure of each compounds was determined using 1 H NMR and MS analyses. Compounds of 1-3 showed strong free radical (1,1-diphenyl-2-picrylhydrazyl, DPPH) scavenging activities (FSC50 = 3.70, 5.80, and 5.50 µM, respectively) compared to those of a commonly used lipophilic antioxidant, (+)-α-tocopherol (21.90 µM). Cellular protective effects of 1-3 compounds on the 1 O2 sensitized photohemolysis of human erythrocytes were similar to (+)-α-tocopherol. 1-3 compounds also exhibited higher tyrosinase inhibitory effects (IC50 = 0.15, 0.16, and 0.13 mM) compared to arbutin (0.33 mM), known as a skin-whitening agent. These results indicate that three DCQA derivatives may be applied as an antioxidant and a skin whitening agent in food or cosmetic industries.