Kakao recorded its largest quarterly efficiency in historical past within the third quarter of this 12 months and emphasised its dedication to proceed its development trajectory by constructing a man-made intelligence (AI) agent ecosystem. Following this 12 months’s integration of OpenAI’s generative synthetic intelligence (AI) ChatGPT, the corporate plans to launch AI search Kanana Search subsequent 12 months and different providers, with a method to evolve KakaoTalk into an AI agent that encompasses every thing from messaging to go looking and purchasing.
Kakao introduced on Nov. 7 that it recorded consolidated income of two.866 trillion received within the third quarter of this 12 months, a 9% enhance in comparison with the identical interval final 12 months. Working revenue reached 208 billion received, a 59% enhance in comparison with the identical interval final 12 months. This marks the primary time quarterly working revenue has exceeded 200 billion received. This was attributed to elevated promoting income following the launch of latest merchandise equivalent to Model Message and vital enhancements in subsidiary revenues from SM Leisure and Piccoma.
Kakao CEO Chung Shin-a emphasised that Kakao’s future lies in AI and demonstrated sturdy dedication to construct an agentic AI ecosystem. In the course of the third-quarter earnings convention name, Chung defined, “With the launch of ‘ChatGPT for Kakao’ and ‘Kanana in KakaoTalk’ final month, Kakao has taken vital first steps this 12 months towards implementing agentic AI,” including, “Amongst these, ChatGPT has surpassed 2 million customers who agreed to the phrases of service and started utilizing the service as of Nov. 6, which is the tenth day since launch.” She continued, “We’ll pursue full-scale paid subscriber growth and product development from the top of the 12 months,” and introduced plans to launch the AI search service Kanana Search subsequent 12 months.
The corporate additionally revealed plans to develop the agentic AI ecosystem past Kakao Group corporations to exterior companions. Chung recognized increasing the scope of the agentic AI ecosystem as one in every of her most vital agendas as chief government officer (CEO), emphasizing, “Beginning subsequent 12 months, we’ll develop the agentic AI ecosystem externally primarily based on the highly effective business-to-consumer (B2C) service portfolio that present Kakao Group corporations possess.”
Relating to the controversial KakaoTalk redesign, Chung said, “We’ll proceed with the Pals tab redesign inside this 12 months, whereas enabling customers to prepare chat rooms by classes in keeping with their desired functions, equivalent to household and pals, much like the already launched ‘Unread’ folder.” She additionally reaffirmed the present purpose of accelerating KakaoTalk utilization time by 20%. Chung famous, “Utilization time within the Pals tab and the Now tab has elevated by 10% in comparison with the third-quarter common following the redesign,” including, “KakaoTalk goes past a easy messenger to create new person experiences and site visitors, and these modifications will result in long-term scalability and monetization potentialities for Kakao AI providers.”
