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Toss, Kakao report contrasting earnings in securities business

Toss Securities and Kakaopay Securities displayed contrasting earnings reports in the first half due to Toss robust growth in overseas stock trading commission revenues. The Toss affiliate proved resilience with surprising sales growth of 91.4 percent between January and June from a year earlier. The firm s sales reached 96.46 billion won ($71.78 million), while that of Kakaopay Securities increased 24 percent to 37.86 billion won during the same period. ....

Toss Securitie , Kakaopay Securities , Toss Securities , Kakaopay Securitie , South Korea , He Korea Times , Orea Times , Orean News In English ,

Kakao Pay turns to loss in Q1

Kakao Pay on Tuesday reported its first-quarter net loss of 2.4 billion won ($1.8 million), swinging from a profit of 3.8 billion won a year earlier. ....

Kakao Pay , Korea Times , South Korea , He Korea Times , Orea Times , Orean News In English ,

Kakao Pay shifts to profit in 2022 on increased financial income

Kakao Pay, the online payment unit of Korean tech giant Kakao, said Tuesday it swung to the black last year thanks to increased financial income. ....

Soult Ukpyolsi , South Korea , Kakao Pay , South Korea , North Korea , He Korea Times , Orea Times , Orean News In English ,

Kakao Pay remains in red in Q3

Kakao Pay on Tuesday reported its third-quarter net loss of 4.7 billion won ($3.3 million), remaining in the red compared with a year ago. ....

Soult Ukpyolsi , South Korea , Yonhap Infomax , Yonhap News Agency , Kakao Pay , Korea Investment , Yonhap News ,