Kakao Stock Nears All-Time Low at 34,250 Won on June 23, Despite 8M ChatGPT Users

According to Chosun Daily, South Korean messaging platform Kakao closed at 34,250 won (US$22) on June 23, approaching its all-time low of 32,800 won, despite integrating OpenAI's ChatGPT on June 16. ChatGPT for Kakao had reached 8 million users but showed short usage duration per user. Analysts noted the feature may have limited near-term impact, with over 90% of AI referral traffic originating from desktop devices. Kakao's weak share performance reflects broader concerns, as the company has underperformed both its industry and South Korea's wider market over the past year.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments