Kakao Pay Turns to Profit with 4.4 Billion Won Operating Profit in Q1

Kakao Pay announced on May 7 that its consolidated operating profit for the first quarter reached 4.4 billion won, turning a profit compared to the same period last year. During the same period, revenue increased by 20.2% to 211.9 billion won, and net profit surged by 8,504.2% to 14.4 billion won.