Asia300

Kakao Corp.

South Korea

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 18, 2017
Prev close: 113,500
Aug 18, 2017
Market cap:
Market cap(USD):
7,693.15B
6,740.40M
Shares: 67.78M

Currency in KRW

Company profile

Market(Ticker): KRX(035720)
Sector:
Industry:
Technology Services
Internet Software/Services
Full time employees: --

Business summary

Kakao Corp. is engaged in developing portals and other internet information service parameters. It operates through following business divisions: Advertising Platform and Contents Platform. Its services offered includes communication, media, content, games, lifestyle, fintech, and search. The company was founded on February 16, 1995 and is headquartered in Jeju-si, South Korea.

Company background

Kakao is a leading South Korean information technology company created in October 2014 by a merger between Daum Communications, the operator of the Daum search engine, and Kakao, the provider of the KakaoTalk chat app. It has been adding new services, such as mobile payments, to attract more users in Southeast Asia and elsewhere.

Kakao's search engine market share in South Korea has been hovering at some 20%, lagging behind Naver, another Seoul-based company. But KakaoTalk has more than 37 million monthly active users, meaning that over 70% of South Koreans use the instant messaging service -- an outstanding market presence.

Kakao has been adding services, including online shopping, taxi hailing and music streaming, to add more value to KakaoTalk. Currently, advertising and games generate most of its revenue, but earnings from digital content and e-commerce operations are rising.

Kakao is behind WhatsApp, from U.S.-based Facebook; WeChat, from China-based Tencent Holdings; and Line, from Naver; as far as number of users and global scale go. But it is trying to gain Southeast Asian users and recently acquired Path, a U.S.-based social network that has gained a degree of popularity in Indonesia.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 1,464.23B
Gross profit 260,260.41M
Operating income 116,135.05M
Income before tax 110,679.41M
Net income 57,673.84M
EBITDA 229,913.75M
Diluted EPS 850
Dividends per share 148
Total assets 5,484.11B
Total liabilities 1,781.17B
Total equity 3,432.51B
Operating cash flow 321,323.12M

Currency in KRW

Revenue 1,262.06M
Gross profit 224.32M
Operating income 100.10M
Income before tax 95.39M
Net income 49.71M
EBITDA 198.16M
Diluted EPS 0.73
Dividends per share 0.12
Total assets 4,540.58M
Total liabilities 1,474.72M
Total equity 2,841.95M
Operating cash flow 276.95M

Currency in USD

Valuation measures

Dec 2016

PER 88.10
ROA 1.33%
ROE 1.92%
Operating margin 7.93%
Profit margin 3.93%

Key executive

  • Chief Executive Officer & Director: Jee-Hoon Rim
  • Chief Financial Officer: Giggs Kwon

Share holders

  • KIM BEOM-SOO /KAKAO/(33.2%)
  • Maximo Pte Ltd.(8.2%)
  • Affinity Equity Partners (HK) Ltd.(8.1%)
  • HYEONG IN-WOO(2.2%)
  • The Vanguard Group, Inc.(1.0%)
  • BlackRock Fund Advisors(1.0%)
  • Norges Bank Investment Management(0.4%)
  • BlackRock Advisors (UK) Ltd.(0.3%)
  • Pictet Asset Management SA(0.3%)
  • Samsung Asset Management Co., Ltd.(0.2%)

Address

  • Website: http://www.kakaocorp.com
  • Address: 242 Cheomdan-ro, Jeju-si, 63309, South Korea
  • Phone: +82.2.1577.3321

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