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Wireless

Daum Kakao's Q1 net income drops 23%

Thursday 14 May 2015 | 10:03 CET | News
South Korean mobile messaging services provider Daum Kakao's combined revenue for the quarter ended 31 March 2015 reached KRW 234.4 billion, with mobile revenue accounting for 55 percent of total revenue. Daum Kakao's combined revenue for the quarter increased 19 percent year-on-year, boosted by growth in multiple areas including ads, games and the commerce. Net profit for the quarter declined by 23 percent year-on-year to KRW 30.8 billion at 31 March 2015, from KRW 40.1 billion in March 2014.

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Categories: Mobile & Wireless
Companies: Daum Kakao
Countries: Korea, Republic of
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