Trump Says ExxonMobil Among Oil Majors Planning Venezuela Return 
Japan Bond Yields Top 3% as Inflation, Fiscal Risks Rise 
The Realist’s Case: Lukas Kerrebijn of RD Dubai on the Narrative Dubai’s Agents Won’t Question 
Asian Stocks Slip as Fed Rate Hike Bets and Oil Surge Weigh 
South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips 
Honda, Nissan Eye Shared Vehicle Software Platform by 2029 
SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says 
Asian Stocks Fall as Fed Rate Hike Bets and Iran Conflict Rattle Markets 
Australia Current Account Deficit Widens to A$27.2 Billion 
Gold Prices Rebound as Fed Rate Hike Bets Rise 
Trump Secures Drug Pricing Deals With Nine Pharma Companies 
Star Entertainment Shares Fall After A$307 Million FY2026 Loss 
GM Plans C$1.1 Billion Canada Investment Amid U.S. Tariff Pressure 
China Manufacturing PMI Contracts Again as Recovery Remains Fragile 
Japan Industrial Output, Retail Sales Beat Forecasts in July 
PayPal Shares Sink as $50 Billion Takeover Bid Collapses 
Amazon Shares Fall as FTC Plans Ad Pricing Lawsuit 
Add as a preferred source on Google
Rainbowbridge World, the entertainment agency that manages the popular Kpop girl group, Mamamoo, just unveiled its plans to go public before this year ends. The company will start with South Korea’s secondary bourse first, which is the Kosdaq, and may expand further later on.
It was said that Rainbowbridge World's move was inspired by Hybe Label, the entertainment giant that is home to the most popular boy band in the world today, BTS. The company also started out at Kosdaq before making its way overseas.
The market debut to become a corporate giant
According to The Korea Herald, Mamamoo’s agency is aspiring to be like Hybe Label. Through its market debut this year, the company is hoping that it will be the first step in following BTS’ agency’s footsteps to further success.
On its road to enter the stock market, Rainbowbridge World filled out an application and already filed its papers for an initial public offering. Based on the information shared by the agency’s publicist, if the Korean Exchange officials approve the application, the firm may now join the stock market this year.
Once in the market, the starting plan is for Rainbowbridge World to issue $1.25 million shares. It was added that the company chose Mirae Asset Securities to be its main underwriter.
Moreover, it was learned that the company has been preparing for an IPO since last year. Apparently, RBW has been raising funds for some time now and using venture capital to improve its financial status.
Possible RBW investors
RBW’s plans for an IPO seem to be looking good as there are already some interested Investors. Based on the report, some of the companies that may invest in Mamamoo’s agency include Posco Capital, KTB Network, Korea Investment Partners, and NHN Investment.
Industry experts predicted that more firms may express interest as the popularity of the agency’s main group, Mamamoo, grows. When more investors come, RBW’s value will shoot up.
Finally, The Korea Economic Daily shared that Rainbowbridge World was founded in 2010 by Kim Do Hoon and Kim Jin Woo, who is also serving as the company’s co-CEOs. The company has been expanding little by little since Mamamoo debuted in 2014.
