Kakao, 212,599 Shares Net Bought by Individuals in Last 5 Days... Stock Price at 366,000 Won (-1.88%)

As of 1:30 PM on the 21st, Kakao is trading at 366,000 KRW, down 1.88% from the previous day. The trading volume is 340,830 shares, which is 69.85% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On September 18, researchers Donghee Kim and Daye Kang from Meritz Securities stated, "KakaoTV was launched on September 1, starting with 7 original contents and incorporating revenue models such as Pre-roll Ads and PPL. The number of users and views are rapidly growing. Attention is focused on the changing landscape of the domestic OTT market. KakaoTV's value is estimated at 0.6 trillion KRW, reflecting the average PSR of global OTT operators. Advertising and commerce core businesses are still experiencing high growth. Kakao Shopping Live surpassed 1 million users and 5 million cumulative views within 100 days after starting its beta service on May 21." They set Kakao's target price at 450,000 KRW.

Over the past five days, individual investors have net purchased 212,599 shares of Kakao, while foreigners and institutions have net sold 108,116 shares and 104,079 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.