Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Kakao Corp SoTP Valuation - Time To Go Underweight

The Merger of Kakao Page & Kakao M to Create Kakao Entertainment

Kakao Corp Placement - Selldown by Founder

Kakao Bank (One of the Biggest IPOs in Korea in 2021) - Big Boost to Korea Investment & Holdings

Viva Republica (Toss) - The Largest Fintech Company in Korea

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Equity Capital Markets

Kakao Pay is getting ready to complete its IPO in 1H 2021. Kakao Pay is the leading mobile payment and digital wallet service provider in Korea. Kakao Pay's core service includes allowing users to request and send money to people in their KakaoTalk messenger contacts without using their bank account numbers. 
Kakao Pay has recently hired KB Securities to be the lead underwriter of this IPO. Once Kakao Pay completes its IPO in 1H 2021, two other major Kakao affiliates including Kakao Bank and Kakao Page are expected to complete their IPOs in 2H 2021.

Kakao Pay is getting ready to complete its IPO in 1H 2021. Kakao Pay is the leading mobile payment and digital wallet service provider in Korea. Kakao Pay's core service includes allowing users to request and send money to people in their KakaoTalk messenger contacts without using their bank account numbers. 
Kakao Pay has recently hired KB Securities to be the lead underwriter of this IPO. Once Kakao Pay completes its IPO in 1H 2021, two other major Kakao affiliates including Kakao Bank and Kakao Page are expected to complete their IPOs in 2H 2021. 

Kakaopay

Initial Thoughts on the Kakao Pay IPO