 |
| (사진=카카오페이 홈페이지) |
[Alpha Biz=(Chicago) Reporter Paul Lee] Kakao Pay announced on the 2nd that its trading volume in the first quarter of this year was KRW 32.5 trillion. The figure is up 19 percent from a year earlier.
Consolidated sales rose 14.7% year-on-year to 141.5 billion won. Kakao Pay explained that this is the result of double-digit growth in all business sectors, including the payment and financial sectors.
The payment sector increased 11.2% year-on-year due to an increase in transactions in offline and overseas payment areas. The financial sector rose 29.3% on-year on the back of a recovery in loan brokers and an increase in Kakao Pay Securities' MTS trading volume.
However, during the same period, Kakao Pay's operating loss rose 1106.4% year-on-year to 13 billion won. Net loss during the term also turned to a deficit of 2.4 billion won. This is due to operating costs of KRW 154.5 billion, up 24.2% from the same period last year. Kakao Pay achieved a net profit of 3.8 billion won in the first quarter of last year and a surplus of 34.1 billion won in the fourth quarter.
Monthly active users (MAU) increased by 10% to 23.61 million. The number of transactions per user increased 4% year-on-year to 103. The number of Kakao Pay franchises, the main infrastructure of the payment business, has increased to 1.96 million, up 30% from the same period last year, both in Korea, abroad, and online and offline.
Kakao Pay expects rapid growth in overseas and offline markets in the future.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
