In addition to offline concerts, Weverse, the new global fan community, would also have an important role in the operating profit of HYBE, according to the researcher.
When Weverse was launched last year, fans quickly joined the platform to stay connected with their favorite artists amid the COVID-19 pandemic. In one year and a half, Weverse already had more than 10 million users.
Users are expected to increase now that artists under Ithaca Holdings and YG Entertainment will be joining Weverse. Additionally, their merchandise might also become available on the Weverse Shop.
(Photo : SEVENTEEN Twitter)
HYBE s Earnings Expected to Grow Starting from Second Quarter of 2021
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