AfreecaTv Co., Ltd. Reports Earnings Results for the Third Quarter of Fiscal Year 2020
October 29, 2020 at 08:30 pm EDT
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AfreecaTV Co., Ltd. reported earnings results for the third quarter of fiscal year 2020. For the quarter, the company’s operating income is KRW 13.9 billion, which is a 30% growth quarter on quarter and 29% year on year. The total revenue is KRW 50.2 billion, recording 11% growth quarter on quarter and 12% year on year.
Soop Co Ltd, formerly AfreecaTV Co Ltd, is a Korea-based company principally engaged in the provision of one person media platform services. The Company provides functional items such as donation economy gifts such as star balloons and subscriptions, and paid item products such as quick view and gold through the platforms. In addition, the Company uses AfreecaTV's platform and infrastructure to provide advertisements by providing content that fits the marketing concept of advertisers. The Company also operates multi-platforms such as open studios.
SOOP CO., LTD. 
