Kakao Games raises whopping $49.3 bn in subscriptions fueling IPO hype

Kakao Games raises whopping $49.3 bn in subscriptions fueling IPO hype

Kakao Games Corp. has set a fresh record raising over 58.6 trillion won ($49.3 billion) in deposits during its two-day public subscription on Sep...

Kakao Games makes a splash; raising over $13.5 bn in public subscription deposits

Kakao Games makes a splash; raising over $13.5 bn in public subscription deposits

Kakao Games Corp. has raised over a staggering 16 trillion won ($13.5 billion) in deposits during the first day of its public subscription on Septembe...

Kakao Games bookbuilding draws record-high demand

Kakao Games bookbuilding draws record-high demand

Kakao Games Corp. posted record-high demand during its bookbuilding for institutional investors on August 25 and 26, according to the company's regula...

Kakao Games gears up to become Korea’s IPO blockbuster of the year

Kakao Games gears up to become Korea’s IPO blockbuster of the year

Kakao Games Corp. is set to be South Korea’s biggest initial public offering of the year backed by overwhelming demand seen during its bookbuild...

Updated: Kakao Games to shore up M&A with IPO proceeds – CEO

Updated: Kakao Games to shore up M&A with IPO proceeds – CEO

Kakao Games Corp. will use proceeds from the initial public offering to carry out active M&A among game sectors, said Namkoong-whon, the company's...

Kakao founder becomes Korea’s second-richest stockholder amid COVID-19 era

Kakao founder becomes Korea’s second-richest stockholder amid COVID-19 era

Brian Kim (Kim Bum-soo), founder and chairman of South Korea’s biggest mobile messaging app operator Kakao Corp., has become the country’s...

Korean Air, Asiana log earnings surprises on cargo flights as global rivals record losses

Korean Air, Asiana log earnings surprises on cargo flights as global rivals record losses

Korean Air Lines Co. and Asiana Airlines Inc. have bucked the global trend of the devastating aviation industry and made rare quarterly profits, as th...

Market view on Hyundai Motor takes a turn after Q2 earning surprise

Market view on Hyundai Motor takes a turn after Q2 earning surprise

The market's perception of Hyundai Motor Company has taken a turn, from considering the Korean automaker as a value stock to seeing it as a growth sto...

Why Korean online giants Kakao and Naver soar amid global pandemic

Why Korean online giants Kakao and Naver soar amid global pandemic

Shares of South Korean online giants Kakao Corp. and Naver Corp. recorded all-time highs last week, ahead of their quarterly earnings results and on e...

Mirae Asset to earn over 25% IRR from German property investment

Mirae Asset Global Investments Co. Ltd. has agreed to sell an office building in Frankfurt for 400 million euro ($448 million) which will translate in...

US, HK public funds join TPG-led group to co-invest $50 mn in Kakao Mobility

US, HK public funds join TPG-led group to co-invest $50 mn in Kakao Mobility

Two US state pension funds and a Hong Kong public fund have invested 50 billion won ($47 million) in aggregate to buy a minority stake in South Korea’...

NPS shortlists fund of hedge fund GPs for $1 bln mandate; to pick final 2 firms in Q3

- BlackRock, Blackstone, Grosvenor & UBS are on the shortlist - Hedge funds with big market share & established systems to be chosen prefer...

K-pop stars earn huge capital gain from stock options

Executives and employees of top K-pop agencies such as SM Entertainment Co. and YG Entertainment Inc. are expected to earn huge capital gains from the...

Kakao

카카오가 새로운 리더십 구축에 나선다. 사회적 책임 경영을 강화하고 혁신 기업으로 도약하기 위해서다.여민수·류영준 체제로 개편카카오는 25일 이사회를 열고 여민수 카카오 대표와 류영준 카카오페이 대표를 공동대표 내정자로 보고했다고 밝혔다. 두 대표 내정자는...

Kakao Games

Kakao GamesOperating profit soared by 72% to 114.3 billion won from a year earlier.Sales more than doubled to 1.0 trillion won over the same period.Mo...

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