Canada markets close in 1 hour 19 minutes

Kakao Corp. (035720.KS)

KSE - KSE Delayed Price. Currency in KRW
Add to watchlist
39,550.00+700.00 (+1.80%)
At close: 03:30PM KST
Full screen
Previous Close38,850.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
Avg. Volume1,227,393
Market Cap17.347T
Beta (5Y Monthly)1.26
PE Ratio (TTM)N/A
Earnings DateMay 09, 2024
Forward Dividend & Yield61.00 (0.16%)
Ex-Dividend DateFeb 28, 2024
1y Target Est66,333.00
  • Reuters

    Factbox-Who is Kim Beom-su, founder of South Korean tech giant Kakao?

    South Korean authorities arrested Kim Beom-su, the billionaire founder of tech giant Kakao Corp, on Tuesday on accusations of stock manipulation during the acquisition of a K-Pop agency last year. Here are some facts about Kim and the conglomerate that dominates South Korea's tech scene. *Founder Kim, who is also known as Brian Kim, is regarded by the industry as a rags-to-riches visionary.

  • Bloomberg

    Tech Star Arrested in Korea After $10 Billion Fall From Grace

    (Bloomberg) -- Three years ago, Brian Kim sat at the pinnacle of South Korea’s internet industry — a celebrated entrepreneur who created the dominant messaging platform for the country’s 50 million people. Today, he’s in detention, preparing to fight in court for his freedom and his empire.Most Read from BloombergWhat Initial Polling Data Show About the Trump-Harris MatchupA Six-Second Decision Shows How Harris Snapped Up DelegatesHarris Has Enough Delegates to Clinch Nomination for PresidentWiz

  • Associated Press Finance

    South Korean tech giant Kakao's founder arrested in stock price manipulation case

    South Korean prosecutors said Tuesday they have arrested the founder of technology giant Kakao Corp. for alleged stock price rigging during his company’s takeover of a major K-pop agency last year. Kim’s arrest came after the Seoul Southern District Court approved an arrest warrant, citing concerns that he could flee or destroy evidence. Kim faces allegations that he orchestrated and approved schemes to collaborate with the operator of a private equity fund to deliberately inflate the stock price of K-pop agency SM Entertainment to prevent Hybe Corp., the parent company of another K-pop powerhouse behind global sensation BTS, from buying SM Entertainment, according to the prosecutor.