Kakao Corp. (035720.KS)
| Previous close | 48,100.00 |
| Open | 47,500.00 |
| Bid | 47,350.00 x 0 |
| Ask | 47,400.00 x 0 |
| Day's range | 47,100.00 - 47,900.00 |
| 52-week range | 37,300.00 - 61,900.00 |
| Volume | |
| Avg. volume | 1,491,540 |
| Market cap | 20.79T |
| Beta (5Y monthly) | 1.24 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 61.00 (0.13%) |
| Ex-dividend date | 28 Feb 2024 |
| 1y target est | N/A |
- Bloomberg
Kakao Investigates Financials at K-Pop Label SM After Deal
(Bloomberg) -- South Korea’s Kakao Corp. is investigating the financial practices of SM Entertainment Co. after it took a controlling stake in the K-pop pioneer, adding another chapter to a drama that has captured the attention of the nation’s business leaders.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyByron Allen’s Latest Takeover Bid: Paramount for $14 BillionS&P 500 Ha
- Reuters
Kakao faces growing regulatory risks as political scrutiny rises
South Korean tech giant Kakao faces growing regulatory heat after the country's president urged a review into its taxi app amid complaints about monopolistic practices, which comes on the heels of a probe into suspected stock market manipulation. Shares in Kakao Corp, which operates Korea's dominant chat app KakaoTalk and has expanded into digital banking, taxi services and entertainment, have dropped 27% over the past three months, undershooting a 10.5% fall in the broader market and reflecting growing regulatory concerns. "Kakao's issues appear to politicised beyond their essential reality," said Park Ju-gun, head of corporate analysis firm Leaders Index.
- Bloomberg
Kakao Exec Arrested for Stock Manipulation in K-Pop Takeover
(Bloomberg) -- South Korean authorities arrested a senior Kakao Corp. executive for alleged stock price manipulation connected to a high-profile bidding war over K-pop agency SM Entertainment Co. earlier this year. Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantNobody Wants Mutual Funds NowIsrael Latest: Macron Warns Militants as Sides Trade StrikesChina Repeats Its View That Israel Must Protect CiviliansXi Makes Unprecedented Central Bank Visit in S
