JYP Entertainment have become the No.1 entertainment agency in Korea thanks to their continually rising stock prices.
The company's market capitalisation hit 1 trillion KRW for the first time on August 21, and they've now surpassed SM Entertainment to be in first place for market capitalisation. This is the first time JYP have moved ahead of SM on the stock market since they first became listed in 2001.
Researchers believe TWICE's Japanese activities since their debut has helped JYP's stock rise five times over what it was last year. With GOT7's global fame growing, TWICE's continued success and Stray Kids' successful debut, it seems that JYP will only keep growing.
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