Kakao Bank logs largest-ever earnings in Q1

Kakao Bank logs largest-ever earnings in Q1

Online lender Kakao Bank said Wednesday its net profit hit a record high in the first quarter of the year on increased non-interest income and a steady rise in its customer base. Its net profit came t...

[Digital Daily Reporter Wang Jin-hwa] Kakao achieved good results in the Talk Biz commerce sector in the first quarter of this year thanks to the direct purchase operation of popular products during the Lunar New Year holiday and the expansion of the portion of the highly profitable Kakao Shopping Live. This year, Kakao plans to focus on expanding the unique commerce experience that only ‘Kakao’ can implement. On the 8th, Kakao CEO Jeong Shin-ah…