Pop Culture Group Co., Ltd. (CPOP) has released an update.
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Pop Culture Group Co., Ltd., a company rooted in hip-hop culture and targeting the younger generation in China, reported mixed financial results for the six months ended December 31, 2023. While their brand promotion revenue soared by 280%, their event hosting and planning revenues declined by 8% and 88%, respectively, likely due to a shift towards online promotions and a general economic downturn. The company also expanded its share capital and re-designated shares to bolster its financial position.
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