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JYP Entertainment Acquires 23.3 Percent Stake in SM Entertainment's Subsidiary Dear U


(Photo : Official accounts)
JYP Entertainment and SM Entertainment are working together to make Dear U s platform, Bubble, a global mobile platform.
Keep on reading to know more.
JYP Entertainment Acquires 23.3 Percent Stake in SM Entertainment s Subsidiary Dear U
SM Entertainment is strengthening its partnership with JYP Entertainment, who has acquired a 23.3 percent stake in the entertainment company s subsidiary, Dear U, which is owned by SM Studios, by growing Dear U s Dear U Bubble platform into a competitive mobile platform in the global market through the two companies synergy and global networks.
Dear U s core business, Dear U Bubble, is a service platform for exchanging special messages between a fan and artist in a form of a one-on-one chat. The platform was launched in 2020, with the proportion of its global users reaching 68 percent. With this, the global users are the platform s main customers. In addition, Dear U Bubble is currently prov ....

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SM Entertainment's Subsidiary 'Dear U' to Go Public on KOSDAQ in the Second Half of 2021


By
May 27, 2021
A subsidiary of SM Entertainment will be listed on the KOSDAQ market by the second half of this year.
Keep on reading to know more.
SM Entertainment s Subsidiary Dear U to Go Public on KOSDAQ in the Second Half of 2021
Dear U, a subsidiary of SM Entertainment will be listed on the KOSDAQ market as early as the second half of this year. The subsidiary operates the platform Dear U Bubble, which was established in 2017. Dear U Bubble is a platform for fans and artists to communicate, and when Dear U is listed, it will be the first company that solely focuses on operating a fandom platform. ....

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