Pop Culture Group

What Pop Culture Group does

Pop Culture Group Co., Ltd. is a China-based entertainment and digital services company headquartered in Xiamen, Fujian Province, and listed on NASDAQ under the ticker CPOP. The company positions itself around the industrialization of Chinese pop culture, with business operations centered on digital entertainment and live entertainment, working with top-tier IP resources in music, film, and television. Its digital entertainment segment has emerged as the primary growth engine, generating $66.57 million in revenue for the six months ended December 31, 2025 (up 79% year-on-year), which represents approximately 97% of the $68.9 million in total revenue reported for that period. The company is led by founder and president Zhuoqin Huang, with Renrong Zhu serving as CFO.

Pop Culture Group's revenue model is event- and content-driven rather than SaaS- or subscription-driven, and no productized pricing, contract terms, or named customers are disclosed in the available source material. The company has executed three capital raises in the nine months ending June 2026 — a $30.5M private placement in July 2025, a $6M registered direct offering in September 2025, and an $8M registered direct offering in June 2026 — bringing total disclosed funding to approximately $45.5M during that period. In September 2025, the company announced plans to change its legal name to 华流文化集团有限公司 (Hualiu Culture Group Co., Ltd.) and to expand into a digital-asset strategy including Bitcoin acquisition, signaling a strategic repositioning.

The company faces material capital-markets and operating risks. It received a Nasdaq notification in late 2025 regarding non-compliance with the $1.00 minimum bid price requirement, with a compliance deadline of May 11, 2026. The June 2026 offering priced at $0.15 per share — a 25% discount to the prior close — with the stock trading near its 52-week low, indicates equity-market stress. Additionally, full-year operating losses in prior periods and the absence of any disclosed AI/ML capabilities, productized offerings, or named customer base suggest a thin operational foundation relative to its headline revenue scale, which is driven primarily by a single segment.

Name

Pop Culture Group

Legal name

POP Culture Group Co., Ltd.

Website

https://popinter.cn

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Pop Culture Group is a China-based entertainment and digital services company listed on NASDAQ (CPOP) that focuses on the industrialization of Chinese pop culture through digital and live entertainment, with digital entertainment as its primary growth driver.

Ownership category

akta.pro rank

Product category

Entertainment Services

NAICS

Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210), Motion Picture and Video Distribution (512120), Music Publishers (51223), Publishing Industries (513)

SIC

Services-Motion Picture & Video Tape Distribution (7822), Services-Amusement & Recreation Services (7900), Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Creator Licensing & Rights Monetization (UGC Licensing, Music/Video Rights) (MPACAFAK)

akta.pro secondary industries

Recorded Music Distribution (Physical & Digital) (MPAIAAAC), Digital Strategy & Social Media Management (Artists) (MPAIAGAH), Social & Digital-First Branded Content (Short-Form, Influencer, UGC-Style) (MPADAEAB)

Keywords

• Hip-hop entertainment
• Digital entertainment services
• Live entertainment events
• Pop culture IP
• Music film television

Headquarters

HQ city

Xiamen

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Core offering

Pop Culture Group Co., Ltd. is a China-based pop culture entertainment company that operates two primary business segments: digital entertainment and live entertainment. The company works with top-tier IP (intellectual property) resources in music, film, and television content to deliver entertainment experiences to consumers. Digital entertainment has emerged as the primary growth driver, with the segment generating $66.57 million in revenue for the six months ended December 31, 2025.

Product overview

Pop Culture Group Co., Ltd. is a China-based pop culture company headquartered in Xiamen, Fujian Province, China, listed on NASDAQ (ticker: CPOP). The company is focused on the industrialization of Chinese Pop Culture through entertainment and digital services. Its primary business segments include digital entertainment and live entertainment, with the digital entertainment segment serving as the main growth driver. The company works with top-tier IP resources in music, film, and television content. No specific named products, modules, or distinct brand offerings were identified in the available sources.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital Entertainment Digital entertainment segment delivering pop culture and hip-hop content through online and digital channels to Chinese consumers; serves as the company's primary revenue growth driver.
• Live Entertainment Live entertainment segment delivering pop culture and hip-hop experiences through events and performances to Chinese consumers; one of two primary business segments of the company.

Quantifiable outcome

• Revenue surpassing $100M for FY2025 with 127% year-on-year growth
• +1 more outcomes

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Fu Xiang CultureunspecifiedStrategic or Co-development Partner · 30 October 2025Strategic partnership formed between POP Culture and Fu Xiang Culture to jointly develop the Two Sides Greater Bay Area Hualiu Music, Film and Television Cultural Center. The collaboration aims to establish a cross-strait cultural hub in the Greater Bay Area.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• YG Entertainment: YG Entertainment is a Korean entertainment company known for BLACKPINK, BIGBANG, and a heavy focus on hip-hop-rooted pop culture. It is a direct peer because of its hip-hop/urban culture roots and IP-driven artist business model, mirroring Pop Culture Group's hip-hop-centric positioning in the Chinese market.
• Yuehua Entertainment: Yuehua Entertainment is a leading Chinese idol and hip-hop talent management agency (notably behind former EXO member Kris Wu's group and the boy band UNINE). It is a direct peer to Pop Culture Group given its overlapping focus on Chinese youth pop culture, hip-hop/IP-driven artist management, and entertainment industrialization.
• JYP Entertainment: JYP Entertainment is a major Korean entertainment company behind TWICE, Stray Kids, and ITZY, focused on artist training, content production, and global fan engagement. Comparable to Pop Culture Group as a pop culture industrializer with multi-format monetization (music, performance, digital).
• SM Entertainment: SM Entertainment is a South Korean music and entertainment company behind groups such as EXO, aespa, and NCT. It is a direct peer in industrializing Asian pop culture into scalable IP businesses combining recorded music, live events, and digital fan engagement — directly comparable to Pop Culture Group's IP-and-platform thesis.
• HYBE (formerly Big Hit Entertainment): HYBE is a South Korea-based global entertainment platform that industrializes K-pop (BTS, SEVENTEEN) through IP, content, and fan platform monetization. It is a direct strategic peer given its analogous business model of turning a national pop culture into a global IP-led platform — the same ambition Pop Culture Group is pursuing for Chinese pop culture.

Broad incumbents

• Tencent Music Entertainment: Tencent Music Entertainment operates the largest music streaming platforms in China (QQ Music, Kugou, Kuwo) and holds extensive music rights. It is a broad incumbent peer given its digital music distribution, rights licensing, and paid subscription model in China — the same end-market as Pop Culture Group's digital entertainment segment.
• Universal Music Group: Universal Music Group is the world's largest recorded music company and a major music publisher. It is a broad incumbent peer whose recorded music distribution, rights administration, and artist management businesses mirror components of Pop Culture Group's IP and music activities, but it is far more global and diversified.
• Warner Music Group: Warner Music Group is a global major recorded music and music publishing company. It is a broad incumbent peer: it operates in recorded music distribution and rights management, which overlaps with Pop Culture Group's music/IP and recorded music distribution activities, but at a vastly larger scale and global scope.

Emerging players

• Modern Sky: Modern Sky is one of China's largest independent music labels and live event companies, running the Strawberry Music Festival and a roster of indie/pop artists. It is an emerging player peer because of its combination of recorded music, live events, and youth pop culture focus in China.
• Bilibili: Bilibili is a Chinese video and community platform popular with Gen Z audiences and a major hub for pop culture, anime, and creator-driven content. It is an emerging player peer given its overlap with Pop Culture Group's youth/digital entertainment and creator IP monetization in the Chinese market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pop Culture Group