Kim Beom-su and Kakao Donate 4 Billion KRW for COVID-19 Relief Fund
[Asia Economy Reporter Choi Dae-yeol] Kim Beom-su, chairman of the Kakao board, has decided to donate personal shares worth 2 billion KRW to help overcome the damage caused by the novel coronavirus infection (COVID-19). Kakao also donated 2 billion KRW.
On the 4th, Kakao announced, "Chairman Kim Beom-su will donate 11,000 shares of Kakao stock worth 2 billion KRW." Considering the stock price of 179,500 KRW on that day, the amount is 1.9745 billion KRW. In addition, the company plans to run a campaign through the social contribution platform 'Gatgachi' that it has operated so far, so that the entire nation can easily participate in donations. Currently, fundraising is being conducted with organizations such as Hope Bridge Korea Disaster Relief Association, Beautiful Foundation, Korea Association of Social Welfare Centers, Green Umbrella Children’s Foundation, and Gangnam Food Bank Market Center, and the number of participating organizations is steadily increasing.
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'Gatgachi Donation' is available to anyone within KakaoTalk. The company also stated that fundraising is being conducted through the sale of Give-ticons, where the entire purchase amount of emoticons is donated by Kakao and the creators. The entire sales amount is also donated to COVID-19 damage recovery.
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