57

36

News
Posted by sl278836 pts Friday, January 31, 2020

Big Hit Entertainment addresses reports that they are filing for an IPO

Big Hit Entertainment has addressed reports that the company is filing for an IPO. 

Earlier reports from financial insiders stated that the company sent a request for proposal (RFP) to domestic and international security firms for listing. However, the company was quick to refute this claim and stated that nothing has yet to be decided. 

Big Hit achieved a whopping 210.1 billion KRW (175 million USD) in revenue during the first half of 2019. The company has been evaluated as a unicorn or a private company that is valued at over $1 Billion.

Financial insiders suspect that an announcement about the IPO might be made at the Big Hit Company Briefing happening on February 4th. 

  1. misc.
5 33,370 Share 61% Upvoted
 
jhopes-shadow
jhopes-shadow5,030 pts Friday, January 31, 2020 1
Friday, January 31, 2020

Whoever buys Bighit's shares is fortunate!

5 (+6 / -1)
Share

1 more reply

 
mingyulovesguys
mingyulovesguys24 pts Friday, January 31, 2020 0
Friday, January 31, 2020

it's about time

1 (+2 / -1)
Share

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
misc.
Comedian/YouTuber Sung Yong passes away at age 35
4 hours ago      6,765
Lee Hyori, Lee Sang Soon
Lee Sang Soon shares his honest thoughts on being known as "Lee Hyori's husband"
8 hours ago      4,623
Lee Da Hae
Lee Da Hae and SE7EN reveal the reason behind delaying Kids, ending in tears
14 hours ago      20,427
AOA, Seolhyun
K-netizens revisit Seolhyun's viral past photos that show why she’s Forever a Beauty Icon in K-Pop
9 hours ago      8,508
Min Hee Jin, NewJeans
Min Hee Jin resigns from ADOR, ending five-year tenure with HYBE
2 days ago      48,884
ILLIT
ILLIT drop fun, rhythmic 'Baby It's Both' (Tick-Tack English Ver.) feat. Ava Max
10 minutes ago      142
Big Bang, Taeyang, G-Dragon, Daesung
G-Dragon calls you back to 'Home Sweet Home' in new single feat. Taeyang & Daesung
31 minutes ago      1,027
BLACKPINK, Rosé
Rosé gets deep and personal in retro 'Number One Girl' MV
50 minutes ago      1,089
Lee Seung Gi
Lee Seung Gi to recreate his own hit songs as duets in 20th anniversary album 'With'
1 hour ago      358
ILLIT, LE SSERAFIM, Min Hee Jin, NewJeans
Min Hee Jin files counter lawsuit against Kim Tae Ho of BeLift Lab and 3 others over ILLIT's alleged plagiarism of NewJeans
2 hours ago      1,886
AOA, Seolhyun
K-netizens revisit Seolhyun's viral past photos that show why she’s Forever a Beauty Icon in K-Pop
9 hours ago      8,508
BTS, V, Park Hyo Shin
BTS's V and Park Hyo Shin to release special winter single "Winter Ahead"
13 hours ago      2,842
BTS, V, Min Hee Jin
Ministry of Defense denies BTS V's alleged military privileges and reveals discrepancy in Min Hee Jin's claims
13 hours ago      11,473
ILLIT
ILLIT wins Rookie of the Year award in Japan ahead of official debut
7 hours ago      3,954
aespa, Lee Soo Man
K-netizens talk about how aespa is thriving after Lee Soo Man left SM Entertainment
10 hours ago      8,078
New Message

SEND