REAP

REAP is a Vietnamese entertainment company. It was originally founded by Huy09 in 2020.
==History==
=== 2020-Present: Reapers Music Incorporation ===
Will be edit in 5 years later...
== Company value and investments ==
Reap. currently operates as a private company. Huy09 remains the largest shareholder of Company stock. Cousins unite as EFR buys stake in Bit Hit</ref>
In July 2020, Reapers publicized its earnings for the first time, reporting revenue at 2K USD. Expectations high for RP-backed REAP’s IPO, 2020-11-07 If entered into an IPO, the company itself could reach a  value of up to 700K USD, potentially ousting the typically powerful "Small 3" companies. This would make CEO wil become the richest in the VN entertainment business due to his large shareholding position, and leave him with personal ownership value of roughly 350K USD. Reporter predicts CEO can become the richest person in VN Entertainment history with IPO, 2020-11-06
In August 2020, REAP and CJ E&M, another entertainment agency, released information stating plans to create a joint company. Filed under the name Belief, the company will reportedly be split 52% to CJ E&M, and 48% to REAP. R/P' management agency teams up with CJ affiliate to launch entertainment firm, 2020-08-31, Yonhap News Agency CJ E&M's recent foray into idol production television shows such as Produce 101 and Reapers's growing global auditions are likely to be the venture philosophy of the new company.
In October 2020, private investment firm STIC Investments received a reported 12% share of Reapers Music Ent., an investment of roughly 104K USD.REAP takes a financial leap as private investment firm purchases large share, reaches a valuation rivaling the 'Big 3',2020-10-16  According to the Investor, Reapers Music's posted revenue and operating profit of 92.4K and 32.5K USD is expected to return more than double at 230M and 83M USD by the end of 2020.STIC Investments invests W104b in Reapers, 2020-10-16 REAP was voted best investment company of the year for 2020 at the VC Awards.한국벤처투자, ‘VC Awards 2018’ 개최, December 7, 2020
In March 2021 the company announced their 2020 audit report. They experienced a 132% increase in sales compared to 2020 making approximately, or about US$189K. They had a 97% percent increase in operating profit for the year making 64K US$ and a 105% percent increase in net profit making 50K US$.R/P Helps Label REAP. to Record Result In 2020 
==Divisions==
*REAP Labels
**Reapers Studios
**Cartoons Entertainment (with CJ E&M) (2020–present)
**Source Music (2019–present)
**Pledis Entertainment (2020–present)
**RLab (2020–present)
**REAP Labels Japan
**O.N Music Group
**REAP US
***Big Machine Label Group (2021–present)
***Ithaca Holding (2021–present)
***TB Projects (2021–present)
*Reapers Solutions
**R|P 360
**R|P IP
**R|P Edu
**Superg (2020–present)
**R|P Solutions Japan
**R|P T&D Japan
*R|P x HYBE Platforms
**Weverse Company
==Artists==
For their current artists, see Reapers Studios.
==Official links==
*Website
*Facebook
*Twitter
*YouTube
==Gallery==
This Page does not require a gallery!
==References==
Category:Extras
Category:Huy09
Category:Companies