Business
HYBE: Q2 revenue up 10% YoY, driven by global tours, new projects, and Weverse platform growth
HYBE: Q2 revenue up 10% YoY, driven by global tours, new projects, and Weverse platform growth
About this update from Hybe Co., Ltd.
Q2 revenue rose 10% YoY to KRW 705.6B, with strong concert and merchandise growth offsetting a decline in recorded music sales. Global expansion, new artist debuts, and Weverse platform growth drove performance, while investments in new markets and projects impacted short-term margins.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.