[Featured Stock] Kakao Games Drops Over 3% Amid Uma Musume User Cart Protest and Refund Lawsuit
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[Asia Economy Reporter Lee Jung-yoon] Kakao Games is experiencing a decline during trading hours following news that users of the mobile game 'Uma Musume Pretty Derby' are considering a refund lawsuit against the company.
As of 9:26 AM on the 1st, Kakao Games is trading at 50,800 KRW, down 3.79% (2,000 KRW) from the previous day.
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Among users, there has been criticism that the Korean server lacks various announcements and communication compared to the Japanese server. On the 29th of last month, users even held a cart protest by sending carts with protest messages written in informal language to the company in opposition to the management policy. Additionally, some have reportedly decided to proceed with a collective refund lawsuit despite the low likelihood of winning.
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