Finance

KakaoBank first-half net profit rises 24.4 percent to 328.0 billion won

KakaoBank posted a first-half net profit of 328.0 billion won, its best half-year result, up 24.4 percent from a year earlier. First-half operating revenue rose 5.5 percent to 1.65 trillion won, while operating profit slipped 0.5 percent to 351.6 billion won. Second-quarter operating revenue increased 6.5 percent, with operating profit up 14 percent and net profit up 11.5 percent.

Games & Commerce

SOOP posts Q2 operating profit of 12.6 billion won, to bolster streamer ecosystem, AI and ads

SOOP said it will push a platform overhaul in the second half focused on attracting new streamers and boosting user engagement. The company plans to introduce a system where streamers discover and foster new creators, roll out AI-based UI and UX changes, and build an integrated marketing consulting brand by combining advertising capabilities across affiliates. SOOP reported second-quarter revenue of 103.8 billion won and operating profit of 12.6 billion won, both down from a year earlier.