Leading Investment Securities analyzed on the 23rd that DearU's growth expectations are increasing due to its entry into the US and Chinese markets.
Researcher Yuseongman of Leading Investment Securities stated in a report on the same day, "DearU is about to officially launch the Bubble service in the US through 'DearU International,'" and added, "Prior to this, they signed a Bubble service contract with global artist J Balvin, which is expected to play a positive role in attracting global artists to Bubble in the Americas market."
He continued, "Currently, discussions for additional global artist entries are underway, so the full-scale business launch of DearU Bubble in the US market is highly anticipated."
DearU is also targeting mainland China and Japan. He said, "In mainland China, in-depth discussions with local operators for service launch are ongoing, and specific business plans are expected to be announced within this year," and added, "In Japan, 'Bubble for Japan' launched its service last June, currently hosting about 10 artists, and more than half of the members of the popular Japanese idol group SKE48 are scheduled to sequentially join Bubble for Japan this summer."
He analyzed, "If gradual revenue growth in Japan and the full-scale service launch in China occur, significant performance growth will be possible."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![[Click eStock] "DearU, Expectations Placed on the US and China"](https://cphoto.asiae.co.kr/listimglink/1/2024072208165359129_1721603814.jpg)

