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Operating loss clouds Kakao Entertainment's IPO plan

Despite managing a superstar like IU, Kakao Entertainment suffered an operating loss last year for the first time in seven years, casting a shadow over its ambitious IPO plan. The unusual poor profitability of a major entertainment and content powerhouse hurts especially more, as its competitors, including HYBE and JYP Entertainment, are enjoying stock price rallies lately with their all-time-high earnings.

Bae-jae-hyun , Y-corporation , Kakao-entertainment , Tapas-entertainment , Tapas-media , Radish-media , Kross-pictures , Next-level-studio , Po , Orea , Outh-korea