Skip to main content

Following yesterday news on JYP building its own platform, bubble operator: “It’s not true"

 Dear You, a bubble operator “It’s not true that JYP is developing its own fan platform, it’s not true, it’s a relationship announcement”

2023-05-31 11:10:52
Reporter Lim Min-gyu - mklim@businesspost.co.kr
[Business Post] Dear You denied that it was related to the development of JYP Entertainment's own fan platform. An official from Dear You said in a phone call with Business Post on the 31st, "It is not true that JYP is creating a new fan platform." "The relationship between JYP and Dear You is solid."


 
Dear You, a bubble operator “It’s not true that JYP is developing its own fan platform, it’s not true, it’s a relationship announcement”

▲ Dear You, an affiliate of SM Entertainment, revealed that JYP Entertainment's establishment of its own fan platform is not true.


Previously, JYP Entertainment had hired developers to build its own platform. JYP Entertainment did not respond to inquiries about the job posting and immediately issued a job posting. When some speculated that JYP Entertainment would create a fan platform separate from the bubble, Dear You shares fell by 11.08% at one point during the market on the 31st. Dear You denied it, but it was not revealed what kind of business JYP Entertainment was recruiting for. An official from Dear You said, "The recruitment was conducted by JYP, so we do not know what it was about."


Dear You is a company that runs a fan platform bubble. SM Studios, an affiliate of SM Entertainment, is the largest shareholder, and JYP Entertainment is the second largest shareholder. 

Popular Posts