Kakao shares plunged by nearly 20 percent over the past week as it and its affiliates become the target of scrutiny by Korea's financial regulators.
Kakao Games’ second quarter performance fell short of expectations with a net profit of 400 million won ($350,000) that fell 97.7 percent from a year earlier. The market consensus for net, according to data compiled by FnGuide, was ...
Some retail punters who took profits early after IPOs now regret dumping their shares so quickly.
Kakao Games will grant 16.6 billion won ($14.4 million) of stock options to employees to thank them for their hard work, the company said on Monday. A total of 216,000 stocks will be provided to ...
Norse god Odin has invaded Korea’s gaming world, unseating the reigning champ and threatening long-term domination. Odin: Valhalla Rising, the latest R-rated cross-platform game developed by Lionheart Studio and published by Kakao Games, has ...
Kakao Games reported a 697 percent increase in net profit to 270 billion won ($236 million) in the third quarter compared to a year ago, the company announced on Wednesday, the first earnings result since its successful listing back in September.
Kakao Games hit its daily increase limit of 160 percent on its first day of trading on the Kosdaq market. By market capitalization, it is now the fifth largest company on the Kosdaq, ahead of pharmaceuticals company Celltrion.
Retail investor deposits in the book-building exercise for Kakao Games hit almost $50 billion after two days. It is a new record for Korea.
Kakao Games attracted 16.4 trillion won ($13.8 billion) worth of deposits on the first day of retail investor book building Tuesday, for an over-subscription rate of 427.5 times.
Kakao Games looks set to hold the most popular initial public offering (IPO) Korea has seen after posting a record-breaking subscription rate from institutional investors last week.