Asia300

Kakao Corp.

South Korea

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Feb 19, 2018
Prev close: 124,000
Feb 19, 2018
Market cap:
Market cap(USD):
9,454.79B
8,856.53M
Shares: 76.24M

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 2017

  • Local currency
  • US Dollar
Revenue 1,972.35B
Gross profit --
Operating income 165,040M
Income before tax 155,033M
Net income 110,696M
EBITDA --
Diluted EPS --
Dividends per share 148
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in KRW

Revenue 1,744.65M
Gross profit --
Operating income 145.98M
Income before tax 137.13M
Net income 97.91M
EBITDA --
Diluted EPS --
Dividends per share 0.13
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in USD

Valuation measures

Dec 2017

PER 84.04
ROA --
ROE --
Operating margin 8.36%
Profit margin 5.61%

Key executive

  • Chief Executive Officer & Director: Jee-Hoon Rim

Share holders

  • KIM BEOM-SOO /KAKAO/(33.1%)
  • Maximo Pte Ltd.(8.2%)
  • Affinity Equity Partners (HK) Ltd.(8.1%)
  • National Pension Service of Korea(7.1%)
  • HYEONG IN-WOO(2.2%)
  • BlackRock Fund Advisors(1.2%)
  • The Vanguard Group, Inc.(1.1%)
  • Samsung Asset Management Co., Ltd.(0.5%)
  • Norges Bank Investment Management(0.4%)
  • Mirae Asset Global Investments Co., Ltd.(0.3%)

Address

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

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