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Games & Commerce

Com2uS Holdings posts 5.3 billion won Q2 operating loss; net profit returns to black

Com2uS Holdings said on Tuesday it posted 15.6 billion won in second-quarter revenue, an operating loss of 5.3 billion won and net profit of 7.7 billion won. The company said the operating loss narrowed from the previous quarter due to cost efficiency measures, while net profit returned to black after gains from the sale of part of its stakes in affiliated companies. It plans new game launches and platform expansion in the second half.

Crypto

Financial firms join crypto exchanges, could shake up digital asset market

South Korea\'s won-based digital asset exchanges are bringing in financial companies as new shareholders to bolster their business foundations, drawing attention to whether the market led by Upbit and Bithumb could shift. CoinGecko data put Upbit’s 24-hour volume share at 72.1 percent and Bithumb’s at 22.3 percent. Trading activity has declined, while Coinone, Korbit and Gopax move to expand capital and business ties with financial groups.