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HYBE has sold its remaining 9.38% stake in rival SM Entertainment to Tencent Music Entertainment for approximately $177 ...
HYBE disclosed the sale of its remaining 9.38% stake in SM Entertainment to Tencent Music Entertainment, a subsidiary of Chinese tech giant Tencent.
The nearly 10 per cent stake, valued at about US$180 million, would mark Tencent’s first major deal in South Korea’s music industry in years.
In a significant reshuffling of K-pop industry stakes, HYBE has officially ended its two-year-long investment in SM ...
K-pop powerhouse HYBE will sell all of its 9.4 percent stake in SM Entertainment to China's Tencent for 200 billion won ($146 ...
South Korean entertainment giant HYBE is selling its entire 9.38% stake in rival K-Pop firm SM Entertainment for nearly $180 ...
HYBE, home to BTS, is selling its entire 243 billion KRW stake in SM Entertainment to a Chinese company, marking a major ...
HYBE Corporation has sold its entire 9.66% stake in SM Entertainment, worth 243 billion KRW (around USD 178 million), to ...
Tencent Holdings Ltd. is snapping up a nearly 10% stake in SM Entertainment Co. Ltd valued at about $180 million, marking a ...
HYBE LABELS has reportedly given stock units worth 3 billion Korean Won, free of cost, to its employees ahead of BTS’ full group reunion. This compensation method is expected to boost the stock price.
China's Tencent is expected to become the second-largest shareholder of major K-Pop agency SM Entertainment , according to a ...