What is causing the price volatility of Eros International Media Limited (533261) - Free Signals Group

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What is causing the price volatility of Eros International Media Limited (533261) ✌️【Risk Control】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. A group of girls giggle as they try on a pair of pink glasses, plush pig hats and bunny ears. At another counter of the studio, one carefully straightens her hair. Together, they cram into a photo booth, pose, and then marvel at the photo strips the machine drops below. They tape one onto a wall filled with images of other young patrons.

It’s a familiar scene playing out at several hundred small photo studios that have recently opened in Seoul. The spaces — with no staff visibly present — typically house three to six booths and are open 24 hours a day.

What is causing the price volatility of Eros International Media Limited (533261) ✌️【Risk Control】✌️ Professional stock market analysis, real-time data, and expert recommendations for high-potential stocks. Take advantage of market opportunities and improve your capital growth with strategic investment plans. Since the pandemic, the studios have become one of the trendiest destinations among South Korean Gen Z. On the main thoroughfare of Hongdae, the city’s busiest district, they’re found on every block — sometimes, only a few feet apart.

20-year-old university student Choi Hui-je told 【 - Free Signals Group 】 he visits a studio every time he goes out with friends, which is around five to seven times a month. Once, he recalled in a phone interview, he went five times in one week.

19-year-old Jenny Dall’alba, a student in the southern city of Busan, estimates she’s gone more than 70 times over the past few years.

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But two decades later, in the age of social media and post-pandemic, they’ve taken on a whole new life in South Korea.

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On Instagram there are more than 1.1 million posts with the hashtag Life4Cuts (in Korean) — with everyone from K-pop stars to influencers posting the outcome of their shoots.

What is causing the price volatility of Eros International Media Limited (533261) ✌️【Risk Control】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. Some are seen copying poses from viral TikTok videos or mimicking anime characters’ famous moves. Choi himself likes to channel the expressive memes of pink beaver character Zanmang Loopy from the 2003 South Korean animation Pororo the Little Penguin.

Dall’alba, who keeps all her photos together in a pouch, says she enjoys getting creative by choosing different props and frames. She adds that her friends like to pose with K-pop group members that are baked into each frame and go multiple times to make sure to get a photo with every star.

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Booths nowadays have better lighting and features like timelapses which have contributed to their popularity.

Kim Joo-hyun opened his Busan-based Life4Cuts studio in 2020, when his restaurant began struggling during the pandemic. With no government permit required to operate, he was able to set up a shop in less than a month, with a relatively moderate investment of 180 million won ($134,000).

“There is a widespread notion that you won’t lose money opening them,” Kim said over the phone, adding that it doesn’t take much physical work and he’s seen a profit margin of 50%. And while Kim is concerned with growing competition, he is also actively searching for another location to open a studio.

Kim was initially skeptical of whether the studios would be a passing fad, but as people started bringing their family, older relatives, and even dogs into the booth he’s since changed his mind.

“(Customers) can buy small but guaranteed happiness,” he said, for little money at about 4,000 won or $3 a pop. “The day-to-day life may be difficult but they can enter and exit with a smile on their face.”

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