Duho Corporation Records Largest Quarterly Performance with 268.32% Revenue Increase in Q3

Comprehensive content company Duho Corporation announced that its revenue for the third quarter of this year increased by 268.32% compared to the same period last year, setting a new record for its largest quarterly performance. It grew to approximately 3.7 times the level of the same period last year and increased by 37.10% compared to the previous quarter.

Following 123.23% growth in the first quarter and 119.36% in the second quarter, Duho Corporation has recorded triple-digit growth rates for three consecutive quarters through the third quarter. As the growth trend has continued in a short period, it appears that the securing of creators and collaboration structures were directly reflected in the performance. In the industry, since the activity of individual creators and their connection to commerce determine the performance of content companies, attention is focused on whether this trend will continue for the time being.

The background for this growth was attributed to the expansion of the creator lineup, brand collaborations, and commerce business achievements. New creators such as Kim Seup-seup and Gemma were recruited, and the activities of affiliated creators continued, including the release of Eojjeol Su Eomneun Yun-hwa's content and Esquire pictorials, and Yoo Byung-kwon's joining of a drama. In the commerce sector, the total sales from the main market and encore special offers of the lens market conducted by Pobaek with Phonefish exceeded 400 million won, and Ribi presented her second collaboration market with AMPLE:N.

Business in Japan is also expanding. Based on its Tokyo corporation, Duho Corporation is expanding collaborations with local creators and brands, and plans to advance its content and commerce business connecting South Korea and Japan. A Duho Corporation official stated, “The expansion of the creator lineup, brand collaborations, and the results of commerce projects led to revenue growth,” and added, “We will continue to expand collaborations that leverage the strengths of each creator and maintain the growth trend by strengthening the content and commerce business foundation in South Korea and Japan.”

Read the original (Korean)