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The Korea Herald
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THE INVESTOR
August 07, 2020
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Kakao hits all-time high sales in Q2

Kakao hits all-time high sales in Q2

　Kakao, the operator of South Korea’s top mobile messenger, on August 6 announced that its quarterly sales reached 952.9 billion won ($803.7 million) in the second quarter, an increase by 30 percent on-year and a record high. 　The company’s operating profit during the April-June period also soared by 142 percent at 97.8 billion won, according to the company. 　Kakao said the latest performance was contributable to the growth of the KakaoTalk-based advertisement business and increas

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