SEOUL -- South Korean internet company Kakao's operating profit doubled on the year in the third quarter as the coronavirus pandemic boosted revenue across its suite of online and digital services, which included gaming, internet banking and its popular chat app KakaoTalk.
Companies
Kakao's Q3 profit doubles as pandemic drives online demand
South Korean internet company is gearing up for banking unit's IPO
Kakao is best known for its KakaoTalk app but its operations cover a wide range of services, from internet banking to ride-hailing and gaming. © Reuters
Read Next
Latest on Companies
