HYBE reportedly bought 51% stake in an unknown company for $25 million

HYBE reportedly bought 51% stake in an unknown company for $25 million

On August 1, HYBE bought 51% stake in an unknown company for $25 million (about 30 billion won)

It is scheduled to be incorporated as a subsidiary in the third quarter

1. They just throw money away. They have no plan to invest in the singers who make money for them, right?

2. Looks like HYBE still has a lot of money

3. It’s not without reason that there are rumors that HYBE will go bankrupt and Bang will move to the US

4. All the money the singers earned was thrown down the drain

5. HYBE has a lot of money

6. I think they will increase album prices, merch prices, etc

7. Wow, HYBE must have a lot of money

8. What kind of company is this??

9. Mystery Company, stupid

10. What the hell is this company doing? They use singers as shields and only do dirty things

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