[Click eStock] "SOOP, Global User Expansion Trend"
On the 2nd, Samsung Securities evaluated that SOOP (Sup; formerly AfreecaTV) is rapidly increasing its global user base and average revenue per user (ARPU).
SOOP officially launches global live streaming platform... Full-scale entry into the global market
View original imageOdonghwan, a researcher at Samsung Securities, stated, "With content innovation taking place, users' star balloon revenue is steadily increasing," and analyzed, "The continuous rise in ARPU among existing users is driving a high growth trend in sales and profits."
Researcher Oh predicted, "As AfreecaTV is rebranded to ‘SOOP’, new users are being attracted, and with the launch of global services centered on e-sports content, overall user traffic will grow."
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He added, "As the global user base expands, the undervaluation phase of the stock price will be resolved," and set the target stock price at 160,000 KRW, which is 45% higher than the current price.
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