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Games & Commerce
Jeong Woo-jin of NHN set for fourth term after record annual operating profit
NHN will submit an agenda item at its March 26 annual general meeting to reappoint CEO Jeong Woo-jin as an inside director. Jeong has led NHN for 12 years since taking office in 2014. The company posted its highest annual operating results since a split, with revenue rising 2.5 percent to 2.5163 trillion won and operating profit returning to 132.4 billion won. NHN is also preparing six new game launches.
Games & Commerce
Kookmin University centre report warns of Online Platform Act side effects, urges self-regulation
A Kookmin University Platform SME Research Center report said policy on online platform regulation should move away from a regulation-focused approach and toward self-regulation that supports industry competitiveness. The report analysed platform regulation from an industry-structure perspective and reviewed the impact of introducing rules based on cases from six countries including the European Union. It said regulation abroad reduced consumer convenience and efficiency and increased costs for businesses, with possible rises in small firms’ marketing costs and declines in new entry and investment.
Finance
KakaoPay posts 50.4 billion won operating profit in 2025, first full-year profit
KakaoPay said on Thursday its 2025 annual transaction value rose 11 percent from a year earlier to 185.6 trillion won, while consolidated revenue increased 25 percent to 958.4 billion won. Annual operating profit was 50.4 billion won, its first full-year profit on a consolidated basis. Fourth-quarter transaction value rose 14 percent to 49.3 trillion won and revenue increased 24 percent to 269.8 billion won.