[Concall] "Kakao Japan Targets 1 Trillion Won Webtoon Transaction Volume This Year"
![[Concall] "Kakao Japan Targets 1 Trillion Won Webtoon Transaction Volume This Year"](http://www.asiae.co.kr/news/img_view.htm?img=2020070308082340263_1593731303.jpg)
[Asia Economy Reporter Buaeri] Kakao announced on the 6th its goal to achieve 1 trillion won in transaction volume in the Japanese webtoon market.
On the same day, Pae Jaehyun, Senior Vice President of Kakao, said during a conference call following the Q2 earnings announcement, "As the number one business operator in Japan, Kakao Japan aims to reach an annual transaction volume of 1 trillion won."
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He added, "Kakao Japan's webtoon platform 'Piccoma' has secured a dominant position in the Japanese manga app market, distributing webtoons and digital scanned versions of existing manga works, expanding its market share to 65% based on June sales."
This content was produced with the assistance of AI translation services.
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