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‘Baby Shark' Creator Pinkfong Applies for IPO in South Korea

‘Baby Shark' Creator Pinkfong Applies for IPO in South Korea

Bloomberga day ago

The company behind ' Baby Shark,' the most watched YouTube video of all time, will go public in South Korea.
Pinkfong Co. submitted the paperwork to apply for an initial public offering on the small-cap Kosdaq index on Thursday, the company said in an email.

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Navy veteran's $500M defamation lawsuit against Associated Press advances with first hearing
Navy veteran's $500M defamation lawsuit against Associated Press advances with first hearing

Fox News

time13 minutes ago

  • Fox News

Navy veteran's $500M defamation lawsuit against Associated Press advances with first hearing

Zachary Young's high-stakes defamation lawsuit against the Associated Press continues to inch along in Bay County, Florida, as the U.S. Navy veteran seeks to clear his name. Young successfully sued CNN for defamation earlier this year after saying the network smeared him by implying he illegally profited from helping people flee Afghanistan on the "black market" during the Biden administration's disastrous 2021 military withdrawal. When covering the trial in January, Associated Press media reporter David Bauder wrote that "Young's business helped smuggle people out of Afghanistan." Young's legal team has said that the Associated Press article "went even further than CNN's falsehoods," and the veteran is seeking nearly $500 million in a defamation suit against the AP. On Monday, Young's legal team responded to the AP's motion to dismiss the suit. The AP had insisted Young's complaint is "without merit" and unjustly challenges the outlet's free speech rights, but the Navy veteran's legal team believes the motion failed to address "core issues." "It does not dispute that the term 'human smuggling' implies criminal conduct, nor does it offer any valid explanation for its use of that term, even though a court previously ruled that Mr. Young committed no crime. AP's own Stylebook defines 'smuggling' as illegal," Young's attorney, Daniel Lustig, wrote. "Dozens of AP articles reflect that usage. Just days before this filing, AP published a story about a man sentenced to 25 years in prison for 'smuggling people,' reinforcing that understanding," Lustig continued. "Even after receiving notice, AP refused to retract or revise the statement, not even to use a more accurate term such as 'evacuate' or 'rescue.'" Young's attorney believes the most "notable" part of the AP's motion to dismiss is that it never denied that "smuggling" refers to a criminal act. "Instead, it argues that the statement, in context, was not defamatory. That is not a defense, it is a concession. Under Florida law, if a statement is reasonably capable of a defamatory meaning, it is a question for the jury, not one to be resolved on a motion to dismiss. AP's attempt to invoke the anti-SLAPP statute to shield such a statement is both legally unsupported and fundamentally flawed," Lustig wrote. Young's legal team has also filed a motion to amend the complaint to include punitive damages. The 242-page filing suggested this case "exemplifies the very scenario in which punitive damages are warranted to punish and deter such consciously indifferent conduct by a media organization." On Tuesday, each side appeared for the first hearing in front of 14th Judicial Circuit Court Judge William S. Henry, who also presided over the CNN trial. The Case Management Conference, conducted over Zoom, was largely procedural and offered a chance for each party to explain why respective motions should be heard. Judge Henry scheduled the next hearing for July 3. He is expected to rule on both the AP's motion to dismiss and Young's amended complaint. The AP has referred to the lawsuit as "frivolous" in past statements to the press.

The Influence of Social Trends on UK Vaping Habits and Sales
The Influence of Social Trends on UK Vaping Habits and Sales

Time Business News

time22 minutes ago

  • Time Business News

The Influence of Social Trends on UK Vaping Habits and Sales

Social trends exert a profound influence on consumer habits, and the UK vaping market is no exception. Over recent years, shifts in societal attitudes, lifestyle preferences, and cultural movements have redefined vaping from a niche practice to a mainstream alternative to smoking. Understanding these social undercurrents is essential for businesses seeking to align their products and marketing strategies with evolving consumer expectations. From wellness culture to digital connectivity, social trends create both opportunities and challenges that shape vaping habits and, ultimately, sales performance. In the fast-paced world of vape retail, maintaining a steady supply of popular products is key to satisfying customer demand and staying competitive. Retailers are constantly seeking ways to improve margins and streamline operations without compromising on quality or variety. One effective strategy is to bulk buy vapes, allowing businesses to access lower unit prices, reduce shipping frequency, and ensure they always have top-selling items in stock. This approach not only improves profitability but also enhances customer satisfaction by minimizing out-of-stock scenarios. With the right wholesale partner, bulk purchasing becomes a smart and scalable solution for long-term growth. A dominant social trend influencing vaping is the increasing emphasis on health and wellness. As public awareness of the harmful effects of smoking has intensified, many UK consumers have turned to vaping as a perceived safer alternative. This shift is not merely about cessation but part of a broader lifestyle realignment prioritising wellbeing. Vape products that emphasize harm reduction, natural or organic ingredients, and reduced chemical exposure resonate with this health-conscious audience. Marketing narratives focusing on personal health improvement and empowerment bolster brand appeal and foster consumer loyalty. Social media platforms and online vaping communities have transformed how consumers discover, share, and engage with vaping products. Instagram, TikTok, YouTube, and vaping forums serve as hubs for product reviews, tutorials, and lifestyle content, significantly impacting purchasing decisions. Influencers and peer recommendations shape trends, popular flavours, and device preferences. User-generated content creates authenticity and fosters a sense of belonging among vapers. Brands leveraging these channels with transparent and engaging communication can amplify reach and deepen customer relationships. However, social media scrutiny and regulatory monitoring require companies to maintain ethical standards and compliance in digital marketing. Youth culture has historically driven trends in the vape market, influencing flavour innovation, device aesthetics, and marketing styles. While underage vaping is illegal in the UK, young adults remain a key demographic, with social trends in fashion, music, and entertainment often dictating their preferences. Brands must balance appealing to adult consumers with regulatory imperatives to avoid youth targeting. Social trends emphasizing individuality and self-expression can be channelled through customizable devices and flavour variety, catering to adult consumers seeking personal identity through vaping. Environmental consciousness has emerged as a pivotal social trend impacting vaping habits. Consumers increasingly demand sustainable products, including recyclable packaging, biodegradable materials, and energy-efficient devices. The disposable vape controversy has heightened awareness, prompting some users to switch to reusable or refillable options. Brands integrating sustainability into their product development and corporate social responsibility initiatives enhance their reputation and appeal to eco-aware consumers. Social acceptance of vaping has grown steadily, influenced by shifting norms and public health messaging. The normalization of vaping in social settings—cafés, workplaces, and public spaces—reduces stigma and encourages adoption. This evolving acceptance facilitates higher sales and market penetration. Nonetheless, pockets of resistance remain, particularly among older generations or communities with entrenched anti-vaping attitudes. Educating the public and fostering inclusive dialogue remain critical for sustained market growth. Lifestyle trends such as mobility, convenience, and personalization shape vaping product demand. Busy urban professionals and tech-savvy consumers prefer compact, discreet devices with fast charging and app integration. Similarly, premiumisation trends drive demand for high-quality materials, sophisticated design, and bespoke flavours. Social trends encouraging experiential consumption also fuel interest in vape lounges, events, and branded merchandise, creating ancillary revenue streams. The vaping market in the UK is expanding rapidly, with increasing demand for diverse and high-quality products. Retailers face the challenge of sourcing reliable inventory while managing costs and staying compliant with regulations. One effective solution is working through vape wholesale UK channels, which provide access to a wide range of products at competitive prices. This method helps businesses maintain steady stock levels, quickly adapt to changing trends, and offer customers the latest devices and flavors. By leveraging strong wholesale partnerships, retailers can build a sustainable business model that supports growth and meets consumer expectations in a competitive marketplace. Social trends profoundly influence UK vaping habits and sales by shaping consumer motivations, preferences, and perceptions. Businesses that adeptly interpret these trends and embed them into product innovation, marketing, and customer engagement strategies stand to gain a competitive edge. Embracing health consciousness, leveraging digital communities, respecting regulatory boundaries, promoting sustainability, and fostering social acceptance are all vital components of a successful approach. In a socially dynamic marketplace, staying attuned to cultural shifts ensures relevance, builds brand loyalty, and drives sustainable growth in the UK vape industry. TIME BUSINESS NEWS

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