Kakao Corp. (035720.KS)
| Previous Close | 49,700.00 |
| Open | 49,750.00 |
| Bid | 49,900.00 x 0 |
| Ask | 49,950.00 x 0 |
| Day's Range | 49,350.00 - 50,100.00 |
| 52 Week Range | 37,300.00 - 61,900.00 |
| Volume | |
| Avg. Volume | 1,430,315 |
| Market Cap | 21.909T |
| Beta (5Y Monthly) | 1.23 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 61.00 (0.12%) |
| Ex-Dividend Date | Feb 28, 2024 |
| 1y Target Est | N/A |
- Bloomberg
Kakao Investigates Financials at K-Pop Label SM After Deal
(Bloomberg) -- South Korea’s Kakao Corp. is investigating the financial practices of SM Entertainment Co. after it took a controlling stake in the K-pop pioneer, adding another chapter to a drama that has captured the attention of the nation’s business leaders.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyByron Allen’s Latest Takeover Bid: Paramount for $14 BillionS&P 500 Ha
- Reuters
Kakao faces growing regulatory risks as political scrutiny rises
South Korean tech giant Kakao faces growing regulatory heat after the country's president urged a review into its taxi app amid complaints about monopolistic practices, which comes on the heels of a probe into suspected stock market manipulation. Shares in Kakao Corp, which operates Korea's dominant chat app KakaoTalk and has expanded into digital banking, taxi services and entertainment, have dropped 27% over the past three months, undershooting a 10.5% fall in the broader market and reflecting growing regulatory concerns. "Kakao's issues appear to politicised beyond their essential reality," said Park Ju-gun, head of corporate analysis firm Leaders Index.
- Bloomberg
Kakao Exec Arrested for Stock Manipulation in K-Pop Takeover
(Bloomberg) -- South Korean authorities arrested a senior Kakao Corp. executive for alleged stock price manipulation connected to a high-profile bidding war over K-pop agency SM Entertainment Co. earlier this year. Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantNobody Wants Mutual Funds NowIsrael Latest: Macron Warns Militants as Sides Trade StrikesChina Repeats Its View That Israel Must Protect CiviliansXi Makes Unprecedented Central Bank Visit in S
