Business · Companies · 3 hrs ago
Kakao’s third-quarter profit rises as platform business grows
Kakao reported 240.3 billion won in third-quarter operating profit, up 7.4% from a year earlier, while revenue rose 6.3% to 2.09 trillion won.
Its platform business drove the growth, with revenue up 16.5% to 1.24 trillion won, led by advertising and commerce.
Sales through Kakao’s gifting and deal services rose, and more customers used them to buy things for themselves.
Content revenue fell 5.6%, as music and story sales declined, although media revenue increased.
Kakao’s operating profit has now exceeded 200 billion won for six quarters in a row.
The company plans to start a trial of its Kanana Space AI assistant next month for people who apply in advance, and says it plans to launch two other AI services this year.
Kakao reported third-quarter operating profit of 240.3 billion won, up 7.4% from a year earlier.
Revenue rose 6.3% to 2.087 trillion won.
Growth in the platform business, led by advertising and commerce, supported the results, while content revenue declined.
Platform revenue increased 16.5% to 1.235 trillion won, while content revenue fell 5.6% to 851.7 billion won.
Kakao said it plans to begin a pilot of its Kanana Space AI assistant next month.
- Who
- Kakao, the South Korean technology company.
- What
- It reported third-quarter revenue of 2.087 trillion won and operating profit of 240.3 billion won, both higher than a year earlier.
- When
- The company announced the results on November 5, 2026.
- Where
- South Korea. The company’s headquarters location is not stated.
- Why
- Platform growth, including advertising and commerce, supported the increase in profit.
This story does not have two clearly opposing sides.
Kakao announced third-quarter revenue of 2.087 trillion won and operating profit of 240.3 billion won.
Kakao plans to begin a pilot of its Kanana Space AI assistant for people who apply in advance.
Kakao plans to formally launch its Everyone’s AI and Kanvas services.
- Operating profit
- 240.3 billion won, up 7.4% year on year
- Revenue
- 2.087 trillion won, up 6.3% year on year
- Platform revenue
- 1.235 trillion won, up 16.5% year on year
- Content revenue
- 851.7 billion won, down 5.6% year on year
- Talk Biz commerce transaction value
- 2.3 trillion won, up 13% year on year
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