[Digital Today Reporter Choi Ji-yeon] Kakao announced that Kakao is considering listing on Kakao Entertainment and Kakao Japan.
In a conference call held after the Kakao 1Q earnings announcement on the 6th, Kakao Senior Vice President Jae-Hyun Bae said, “Kakao Pay and Kakao Bank submitted a preliminary listing request in April.” “He said.
He added, “Both Bank and Pay will be publicly available (IPO) in an optimal time according to shareholder value and market conditions.”
In addition, he said, “Other projects such as Kakao Entertainment and Kakao Japan are under consideration for IPOs.”
Author/ Translator: Jamie Kim
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