SEOUL -- Kakao, South Korea's second-largest internet company, is aiming for further growth this year after swinging to a profit in 2020, thanks to strong growth in its e-commerce and online game businesses amid the pandemic.
Technology
South Korea's Kakao swings to 2020 profit on strong e-commerce
Company aims for growth as chairman vows to donate half his wealth
Kakao, South Korea's second-largest internet company, posted a full-year net profit of 167.1 billion won ($149.8 million), reversing a net loss of 341.9 billion won in 2019. (Photo by Yuki Kohara)
Read Next
Latest on Technology
