Weverse, The Super App Where Fans of Blackpink, BTS Basically Do Everything
When Jin became the first member of the K-pop supergroup BTS to enlist for South Korea’s mandatory military service this month, he had a special message to fans on Weverse, a fan platform app that commands more than 8 million active users. The Weverse platform has proven a major weapon of the K-pop group’s management agency, Hybe, offering fan-oriented experiences interacting with the stars, accessing unique content and buying merchandise, and is now expanding into subscription services and more. Read more South China Morning Post
Bilibili Lets Go Of 30% Staff As Slowdown Hurts Operations
Chinese video platform Bilibili Inc (NASDAQ: BILI) initiated a new round of layoffs involving the firm’s operations, gaming, and streaming units. Bilibili ousted 30% of the staff in these teams, Technode reports. The company said the downsizing reflected business adjustments and denied the plan for large-scale cuts. Read more Investing.com
