[Featured Stock] NHN Bugs Hits Upper Limit on Cyworld Relaunch News

[Asia Economy Reporter Ji Yeon-jin] NHN Bugs surged to the daily price limit following the news of the resumption of operations of Cyworld, the first social network service in Korea.

On the 18th, NHN Bugs was trading at 7,070 KRW, up 29.96% from the previous trading day, just 8 minutes after the opening of the KOSDAQ market.

Earlier, Cyworld Z, which resumed Cyworld operations, announced that it started the 'Minimum Viable Product' (MVP) service on the 15th and will begin full-scale operation of Cyworld after a pilot operation.

NHN Bugs supported the construction of Cyworld's core service, the BGM service, and signed a contract to supply the music tracks necessary for the Cyworld BGM service.