Revenue by Segment:

• Internet Services: 45%
• Mobile Services: 30%
• E-Commerce: 15%
• Other: 10%

TOP 3 Markets:

• South Korea: 60%
• Japan: 15%
• USA: 10%

Kakao Corp. generates the majority of its revenue from internet and mobile services, highlighting the company's strong position in the digital communication and entertainment sector. The domestic market of South Korea is the dominant market with a share of 60%, followed by Japan and the USA. These markets benefit from high acceptance of digital technologies and the continuous expansion of Kakao's service offerings.

Production Sites: South Korea

Kakao Corp. is a South Korean company known primarily for its digital services, including the messaging app KakaoTalk. As the company operates mainly in the field of digital communication and online services, there are no physical production facilities in the traditional sense common in the manufacturing industry.

Most of their "products" are software and online services developed and operated in South Korea. However, Kakao Corp. also operates some physical business areas, such as Kakao Mobility and Kakao Pay, which also have their headquarters in South Korea.

Revenue Growth: Estimated 10-12% (2025 based on historical data and market trends)
Profit Growth: Estimated 8-10% (2025 based on historical data and market trends)

Kakao Corp. pursues a strategy focused on diversification and technological innovation to secure future growth. The company is heavily investing in its platform services, including messaging, fintech, and mobility, to expand its market presence and tap into new revenue streams.

Another key focus is on international expansion, particularly in Southeast Asia, where Kakao is expanding its services through strategic partnerships and acquisitions. This expansion is supported by the increasing digitization and high acceptance of mobile services in these markets.

Additionally, Kakao is investing in the advancement of AI technologies and digital content to enhance its competitiveness and offer innovative products and services. This strategy aims not only to increase user engagement but also to improve monetization opportunities.

Main Imported Raw Materials/Components:

• Electronic components
• Server hardware
• Software licenses

Main Import Countries:

• China
• USA
• Japan

Kakao Corp., as a leading technology company in South Korea, mainly imports electronic components and server hardware necessary for operating their digital platforms and services. These materials are primarily sourced from China and Japan, as these countries are leaders in electronics and hardware production.

In addition, Kakao imports software licenses, especially from the USA, to support and further develop their digital services and applications. The USA is known for its advanced software solutions and thus provides the necessary technologies to strengthen Kakao's digital infrastructure.

Market share in messaging service: Over 90% in South Korea (2025)

Revenue growth: 8.5% (2024)

Profit margin: 12% (2024)

Kakao Corp. has a significant competitive advantage, especially in the South Korean market, where it holds a dominant market share of over 90% with its messaging service KakaoTalk. This strong market position enables the company to leverage its platform for various services, including mobile payments, e-commerce, and digital content.

In 2024, the company achieved a revenue growth of 8.5%, attributed to the diversification of its services and expansion into new business fields. The profit margin of 12% demonstrates solid profitability, supported by efficient cost structures and monetization of its user base.

Kakao Corp. also benefits from its innovation capabilities and the ability to quickly respond to market changes, further strengthening its competitive position. The continuous introduction of new features and services helps increase user engagement and tap into new revenue streams.

Institutional Investor Share: 52% (2025)
Insider Purchases: 1.2 million shares (2025)
Insider Sales: 0.8 million shares (2025)

The institutional investor share in Kakao Corp. is approximately 52% in 2025. This demonstrates the confidence of large investment firms and funds in the company's long-term performance.

During the same period, there were significant insider activities. Insider purchases amounted to 1.2 million shares, indicating strong confidence from management in the company's future development. At the same time, 0.8 million shares were sold, which is typically seen as part of diversification strategies or for profit realization.

These activities suggest that both institutional and insider investors are optimistic about the future prospects of Kakao Corp.

Market share of Kakao Corp.: 12% (2025, estimated)

Top competitors and their market shares:

1. Naver Corp. (KRX:035420): 18%
2. Samsung Electronics (KRX:005930): 15%
3. SK Telecom (KRX:017670): 10%
4. LG Electronics (KRX:066570): 9%
5. Hyundai Motor Company (KRX:005380): 8%

Kakao Corp. has established itself as one of the leading technology conglomerates in South Korea with a market share of approximately 12%. Their moat is mainly based on their strong position in mobile communication and social networks, particularly through the widespread use of the KakaoTalk app.

In comparison to competitors, Naver Corp. holds a larger market share due to its dominant position in search engines and online services. Samsung Electronics and SK Telecom benefit from their strong presence in the electronics and telecommunications industry, which also provides them with a significant moat.

Kakao Corp. stands out for its innovation in the digital ecosystem, including fintech and content services. This gives them a certain competitive advantage, although their moat is less pronounced compared to hardware and telecommunications giants like Samsung and SK Telecom. Competition in the technology industry is intense, and success heavily relies on continuous innovation and adaptation to market trends.

Revenue Growth: 10% (2024) Profit Growth: 8% (2024) Market Share in the Messaging Sector in South Korea: 90% (2024)

Kakao Corp. has experienced solid revenue and profit growth in recent years. In 2024, revenue increased by 10%, while profit grew by 8%. These growth rates indicate stable financial health and effective business execution.

The company holds a dominant market share of 90% in the South Korean messaging sector, signaling a strong market position and high customer loyalty. This dominance provides a solid foundation for future growth and enables Kakao Corp. to benefit from network effects.

Additionally, Kakao Corp. has diversified its business fields by expanding into areas such as fintech, mobility, and entertainment. This diversification could mitigate risks and unlock new revenue streams, which could be beneficial for investors in the long term.

Overall, Kakao Corp. appears to be an attractive investment opportunity due to its strong market position, solid financial performance, and strategic diversification. However, potential investors should also consider external factors such as regulatory changes and competition in the new business fields.

Dividend: Yes, Kakao Corp. pays a dividend.
Dividend Yield: 1.5% (2025)
Dividend History: Continuous payout since 2020

In recent years, Kakao Corp. has started to pay dividends regularly, indicating a more stable financial situation and a sustainable business model. The dividend yield of 1.5% in 2025 shows that the company is returning a portion of its profits to shareholders, even though the yield is moderate compared to other companies in the industry.

The reliability of dividend payment is supported by Kakao's strong market position in the digital services sector and continuous revenue growth. Despite volatile market conditions, the company has maintained its dividend policy, indicating a solid financial strategy.