KakaoTalk Reveals $45 Million Revenue, $7 Million Profit

During his Coffee Chat session at our Startup Asia 2013 event, Kakao co-CEO Sirgoo Lee dropped a surprise figure on us: KakaoTalk made $7 million in profit in 2012, from revenues of $45 million.

That’s from just over 80 million users of KakaoTalk.

While he declined to go into further detail, he did reveal that the app’s gaming platform contributed a “significant” chunk of that figure. Kakao’s undoubtedly had an interesting year. They’ve expanded aggressively into Southeast Asia and Japan, and held their own against competitors like Japan’s Line and China’s Wechat.

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