Kakao Corp.

A035720

KR7035720002

Internet Services

End-of-day quote Korea S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
47,300 ^KRW	-0.21%		-3.67%	-12.89%

06:36am	K-pop giant HYBE shares take another hit as dispute with NewJeans label drags on	RE
04:19am	South Korea shares gain following upbeat US tech earnings	RE

Kakao Corp. acquired an additional 2.7% stake in Kadokawa Corporation for KRW 41.2 billion.

August 15, 2020

Kakao Corp. (KOSE:A035720) acquired an additional 2.7% stake in Kadokawa Corporation (TSE:9468) for KRW 41.2 billion on June 30, 2020. Post completion of transaction, Kakao Corp. hold 4.9% stake of Kadokawa Corporation.

Kakao Corp. (KOSE:A035720) completed the acquisition of an additional 2.7% stake in Kadokawa Corporation (TSE:9468) on June 30, 2020.

Latest news about Kakao Corp.

K-pop giant HYBE shares take another hit as dispute with NewJeans label drags on	12:36am	RE
South Korea shares gain following upbeat US tech earnings	10:19pm	RE
S.Korean shares fall despite strong GDP data; chipmakers drag	Apr. 24	RE
Record giant HYBE audits 'NewJeans' label as infighting returns to K-pop	Apr. 24	RE
South Korean shares gain 2% as chip, battery stocks rally	Apr. 23	RE
Kakao Unit Signs MOU to Expand AI Contact Center Business	Apr. 23	MT
South Korean shares extend gains; earnings in focus	Apr. 22	RE
Kakao Games Secures IP Rights Agreement with SM Entertainment; Shares Up 2%	Apr. 17	MT
South Korean shares drop on strong US data, Middle East tensions	Apr. 15	RE
Kakao Brain Corp. announced that it expects to receive KRW 36 billion in funding from Kakao Corp.	Apr. 15	CI
South Korean Shares Fall to Start Week in Red; Kakao Joins AI Revolution	Apr. 15	MT
Kakao Joins Global AI Alliance	Apr. 15	MT
South Korean stocks slip amid Middle East tensions	Apr. 14	RE
South Korean shares fall as financials extend losses; cenbank holds rates	Apr. 11	RE
Samsung Electronics Teams Up with Kakao	Apr. 10	MT
Major Firms in South Korea Increase R&D Spending in 2023	Apr. 10	MT
South Korean shares gain as automaker rally outpaces battery losses	Apr. 07	RE
Kakao Names Ex-KakaoBank Exec as CTO	Apr. 03	MT
South Korean stocks climb on US data, improving China activity	Apr. 01	RE
South Korean stocks gain on optimistic US, China data	Mar. 31	RE
S.Korean shares flat ahead of US inflation data; set for monthly gain	Mar. 28	RE
Kakao Appoints Lee Sang-Ho as the New Chief AI Officer	Mar. 28	CI
Kakao Announces CEO Changes	Mar. 28	CI
Kakao Subsidiary Kakao Mobility Reappoints CEO Amid Accounting Fraud Allegations	Mar. 27	MT
South Korean shares dip with US inflation data in focus	Mar. 26	RE

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Company Profile

Kakao Corp is a Korea-based company principally engaged in the mobile services business. The Company operates its business through two segments. The Content segment produces mobile messengers, portals, games, music, and paid content such as webtoons, and Web novels. In addition, it sells character products using intellectual property (IP) called Kakao Friends through online and offline stores. The Platform segment sells advertisements such as search advertisements and display advertisements. In addition, it engages in businesses of mobility, pay and manufacturing communication terminals for children using IP called Kakao Friends.

Sector

Internet Services

Calendar

2024-05-08 - Q1 2024 Earnings Call

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Ratings for Kakao Corp.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

47,300 KRW

Average target price

67,986 KRW

Spread / Average Target

+43.73%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Other Internet Services

Kakao Corp.

Equities

A035720

KR7035720002

Internet Services

Kakao Corp. acquired an additional 2.7% stake in Kadokawa Corporation for KRW 41.2 billion.

EPS Revisions