Kim, on the other hand, claims to have urged Hyperconnect to cut down. “Given the ambiguity regarding the eventual outlines of the metaverse and what will or will not function, as well as the more demanding operating environment,” Kim said. “We will continue to carefully assess this market, and we will consider going ahead when we have greater clarity on the broader potential and believe we have a service that is well-positioned to succeed.”
Match Group highlighted the Hyperconnect purchase as leading to a $10 million operating loss in the second quarter of 2022, down from a $210 million operating profit in the same period the previous year.
