Quarterly number of Kakaotalk users worldwide 2022 | Statista (2024)
With over 53 million active users worldwide in the fourth quarter of 2022, KakaoTalk is one of the most popular mobile messaging apps from South Korea. Operated by the South Korean Kakao Corporation, it is particularly popular in its homeland. In fact, of the 50 million global KakaoTalk users, more than 47 million were based in South Korea.
The rise of Kakao
In October 2014, Kakao Corp. merged with Daum, South Korea's second-largest internet portal. Since then, the revenue of Kakao Corp. has almost tripled, exceeding 2.4 trillion South Korean won in 2018. Kakao’s founder is one of the leading social media billionaires worldwide. As of March 2020, Kim Beom-Su's net worth was estimated to be 2.8 billion U.S. dollars.
Aside from KakoTalk, Kakao Corp. also provides other social media services used by many Koreans. KakaoStory, a social networking service which allows users to share photos with friends, was accessed by almost a quarter of social media users in South Korea. KakaoGame also drew in billions of South Korean won in revenue in 2018. This service provides games on mobile, PC and VR platforms for its users.
As a technology enthusiast deeply immersed in the realm of mobile messaging apps and the digital landscape, I bring a wealth of firsthand expertise and a profound understanding of the subject matter. My knowledge spans not only the broad spectrum of global messaging applications but also delves into the specifics of regional players and their impact on the social and economic landscapes.
Now, let's dive into the intricacies of the article discussing KakaoTalk and its parent company, Kakao Corporation:
KakaoTalk Overview:
KakaoTalk is a mobile messaging app with over 53 million active users globally in the fourth quarter of 2022.
It is operated by Kakao Corporation, a South Korean tech giant.
Global and Local Popularity:
KakaoTalk is particularly popular in South Korea, with more than 47 million of its 50 million global users based in the country.
Corporate Merger:
In October 2014, Kakao Corp. merged with Daum, South Korea's second-largest internet portal.
This merger has had a significant impact on Kakao Corp.'s financials, leading to an almost threefold increase in revenue, surpassing 2.4 trillion South Korean won in 2018.
Financial Success and Leadership:
Kakao's founder, Kim Beom-Su, is recognized as one of the leading social media billionaires globally.
As of March 2020, Kim Beom-Su's net worth was estimated to be an impressive 2.8 billion U.S. dollars.
Diversified Services:
In addition to KakaoTalk, Kakao Corp. offers other social media services widely used in South Korea.
KakaoStory, a social networking service, allows users to share photos and was accessed by almost a quarter of social media users in South Korea.
KakaoGame, another offering, generated significant revenue in 2018 by providing games on mobile, PC, and VR platforms.
In summary, KakaoTalk's success is not only rooted in its impressive user base but also in Kakao Corporation's strategic corporate decisions, financial achievements, and a diversified portfolio of social media services catering to the preferences of its South Korean audience. The rise of Kakao, marked by its merger and subsequent financial growth, showcases the dynamic landscape of mobile messaging and social media in the contemporary digital era.
With over 53 million active users worldwide in the fourth quarter of 2022, KakaoTalk
KakaoTalk
KakaoTalk provides free calling and messaging services. Like most of its type, the user is able to share photos, videos, voice messages, locations, webpage links, and contact information. Users are able to create one-on-one conversations, as well as group chats with no limit on users.
is one of the most popular mobile messaging apps from South Korea. Operated by the South Korean Kakao Corporation, it is particularly popular in its homeland.
It was launched on March 18, 2010, and it is available on mobile and desktop platforms. Kakao Corp. As of August 2022, KakaoTalk had 53 million monthly active users, 47 million inside Korea. It is available in 15 languages.
According to Kakao's latest financial reports the company's current revenue (TTM ) is $5.86 B. In 2022 the company made a revenue of $5.47 B an increase over the years 2021 revenue that were of $5.27 B. The revenue is the total amount of income that a company generates by the sale of goods or services.
Kakao Talk has market share of 6.39% in instant-messaging market. Kakao Talk competes with 72 competitor tools in instant-messaging category. The top alternatives for Kakao Talk instant-messaging tool are Telegram with 43.43%, Flock with 23.66%, Chatra with 6.04% market share.
While widely used in several Asian countries such as Japan, it has rarely edged out KakaoTalk in the South Korean market in terms of user categories. The recent surge of Line hardly implies that KakaoTalk is about to relinquish its place as the most-used messenger app among South Koreans.
With over 53 million active users worldwide in the fourth quarter of 2022, KakaoTalk is one of the most popular mobile messaging apps from South Korea. Operated by the South Korean Kakao Corporation, it is particularly popular in its homeland.
Kakao's current CEO Hong Eun-taek earned a total of 1.3 billion won, including 1.2 billion won in salary and 96 million won in other income. This is a decrease of more than half from the 2.98 billion won he received in 2022, reflecting the company's situation in 2023 as it faced its biggest crisis since its inception.
Kakao's yearly revenue for 2023 stood at $2.02 billion, showing a 7% increase from the prior year. The annual operating income also saw a 5% increase from the previous year, reaching $436.46 million, with an operating profit margin of 21.6%.
*Founder Kim, who is also known as Brian Kim, is regarded by the industry as a rags-to-riches visionary. He grew up in poverty, sharing a single room with seven members of his family at one point, and now has a net worth of about $3.4 billion, according to Forbes. He is 58 years old.
KakaoTalk is free of charge with internet connection, wherever you are in the world. Engage in lively chat with friends with KakaoTalk's 1:1 and group chats. Send and receive chat and multimedia messages such photos, videos and more. KakaoTalk offers chats and real-time voice and video calls.
KakaoTalk is a major messaging app in South Korea, competing with notable apps like WeChat. KakaoTalk is owned by Kakao Corp., which is a large South Korean company operating a variety of businesses. Its revenue streams include music, games, messaging apps, and other media.
The app is available on Android, iOS, BB OS and Windows phones. It trumps over WhatsApp because of its Offline chat facility, better sticker collection, hidden chat feature, and free messaging to non-Hike members. Not everyone must have heard about the KakaoTalk instant messaging app.
Kakao Corp is the company behind KakaoTalk, which serves as its main platform and flagship application. It was founded in 2006 by Kim Bum-soo, the former CEO of NHN Corporation (the organization that emerged from the Hangame and Naver.com merger) as Kakao Inc.
KakaoTalk has up to 97% of the market share in South Korea making it the best messaging channel for businesses and the ideal channel to reach South Korean consumers. Labels: Active Users.
KakaoTalk, often referred to as KaTalk, is a free mobile messenger for smartphones. Since its launch in 2010, it has grown to have around 48.5 million monthly active users in the fourth quarter of 2023.
Number of monthly active users of KakaoTalk in South Korea 2015-2023. During the fourth quarter of 2023, about 48.46 million South Koreans were active users of KakaoTalk, up from 48.34 million in the previous quarter.
The number of daily users of chat app KakaoTalk has reached 48.2 million, equivalent to more than 90% of South Korea's population. It is used not only among friends and family but also often for business correspondence.
Is the service available worldwide? KakaoTalk is available in 230 officially registered international country codes. Please select the correct code for your country, then enter your phone number (without the country code), and then continue through the SMS verification process.
Introduction: My name is Jeremiah Abshire, I am a outstanding, kind, clever, hilarious, curious, hilarious, outstanding person who loves writing and wants to share my knowledge and understanding with you.
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