Last month YG Entertainment announced that they would expand their company to China, effectively reaching a broader international audience.
YG made an official statement saying, “We plan to put more resources and invest more into the Greater China market, which we believe will be the next big market next to Japan. We are currently cooperating with our partners to create a company within the year, in either Beijing or Shanghai.”
They also stated that it is too early to decide whether they will promote their existing artists, or if their efforts in China will focus on developing local groups.
As fans of YG already know, the agency has been teasing us with the promise of a new girl groups, however, no specifics have been released of the new group as of yet. YG seems to be keeping anything related to the rumored group a secret.
Could this mystery group be the one to break into the Chinese market?
No details have been released as of yet as to who will debut in China, whether it will be an already existing artist, or a group or artist they have already been training.
Source: kpopstarz
Article by: KareBare
Edited by: Karolina
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