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AI & Enterprise

Yanolja posts 236.7 billion won Q1 revenue, up 8.5 percent

Yanolja said on Thursday its first-quarter consolidated revenue rose 8.5 percent from a year earlier to 236.7 billion won. Adjusted EBITDA was 5.8 billion won, which it said was affected by upfront investment spending to internalise AI and data capabilities and volatility in the global travel market. Total transaction value grew 31.9 percent to 9.5 trillion won, with overseas accounting for 76 percent.

Games & Commerce

Nexon holding company NXC buys back 1 trillion won of shares paid in kind to government, to cancel them next month

Nexon Group holding company NXC has bought back part of its own shares that the family of late founder Kim Jung-ju paid in kind as inheritance tax. NXC agreed to acquire 184,001 shares from the Ministry of Economy and Finance at 5,558,000 won per share, in a deal worth about 1.02 trillion won, and plans to cancel them next month. The government’s stake falls, while the sale brings in more than 1 trillion won in non-tax revenue.

Games & Commerce

Kurly Q1 operating profit up 1,277 percent, steps up IPO roadmap

Kurly posted record quarterly results in the first quarter, supported by balanced growth across its businesses and logistics upgrades. Revenue rose 28.4 percent from a year earlier to 745.7 billion won. Operating profit surged 1,277 percent to 24.2 billion won, and net profit turned positive at 20.3 billion won. Gross merchandise value increased 29 percent to 1.09 trillion won. Kurly said it will step up its IPO roadmap.