Kakao Corp. (035720.KS)
| Previous Close | 71,800.00 |
| Open | 71,600.00 |
| Bid | 71,300.00 x 0 |
| Ask | 71,400.00 x 0 |
| Day's Range | 70,600.00 - 72,300.00 |
| 52 Week Range | 66,700.00 - 166,717.03 |
| Volume | |
| Avg. Volume | 1,612,964 |
| Market Cap | 31.167T |
| Beta (5Y Monthly) | 1.04 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Aug 04, 2022 - Aug 08, 2022 |
| Forward Dividend & Yield | 53.00 (0.08%) |
| Ex-Dividend Date | Dec 29, 2021 |
| 1y Target Est | 124,083.00 |
- Reuters
South Korea's Kakao founder quits board to focus on units' global expansion
South Korean billionaire Brian Kim, founder of the country's leading chat app operator Kakao Corp, stepped down from its board to focus on global expansion of its affiliates' businesses, the company said on Monday. Kim will focus on Kakao-backed Piccoma in Japan, one of the country's top comics apps, as a base to seek more business opportunities and expand Kakao's reach, the app operator said in a statement. A Kakao affiliate acquired two U.S. storytelling apps for $950 million last year for global expansion, after its success with online-based web cartoons or "webtoons" at home and in overseas markets led Piccoma to become one of Japan's highest-grossing mobile apps outside games.
- Bloomberg
Billionaire Kakao Founder Quits Board as Public Backlash Grows
(Bloomberg) -- Kakao Group founder Brian Kim has stepped down from the board, relinquishing the reins after a series of scandals rocked the South Korean social media and fintech giant.Most Read from BloombergPutin Vows to Rid Russia of ‘Traitors’ While Waging Ukraine WarRichest Russian Built NYC Power Over Decades and Lost It in WeeksUkraine Update: U.S. House Set to Revoke Russia’s Trade StatusU.S. Is Sending Dive-Bombing Switchblade Drones to UkraineShock Waves From War in Ukraine Threaten to
- Reuters
Kakao Pay shares rebound after CEO, others step down amid stock options row
Shares in South Korean financial services firm Kakao Pay Corp jumped on Friday after the company said its CEO and two other executives were stepping down following a slump in the stock, amid fierce criticism of their exercising of stock options soon after the firm listed last November. The shares surged as much as 11% on Friday, as the wider market slipped 1.2%, following the executives' departure, announced late on Thursday. The stock had tumbled 35% as of Thursday's close since regulatory filings in early December showed about 90 billion won ($75 million) worth of stock options in Kakao Pay were exercised by the departing officials and others soon after the listing.
