Kakao Fei User s sales foundation,

White chocolate is a food that is made with cocoa butter, sugar and solids of milk. [1] It has a pale yellow or ivory appearance. Some consider that it is not chocolate, because despite having a high content of cocoa butter, it does not carry cocoa solids.

Emphasized that the coming November 3rd securities market (KOSPI) Cacao page to users ahead of the IPO and the sale of financial products based on unique build the pin of the domestic technology companies in the face.

Cacao page is a plan to raise expand financial products based on the company IPO (IPO) after the subsidiary cacao pay securities of mobile trading system (MTS) and cacao damages prepare boninga being insurance, and further attract overseas business share He said.

used in the IPO financing, market expansion, product portfolio,

25 days opened cacao pay ryuyoungjun IPO representatives in a press conference that I ll market share rapidly in height, based on a technology that combines rivals overwhelming number of users and a wide range of ecosystem partners, convenience stability in payments and financial services, he said.

Cacao page has through cacao pay their applications (apps) and kakaohtok secure the number of active users. The end of June this year, based on cacao pay cumulative number of subscribers is 36.5 million people, the number of monthly active users is 19.9 million people. Cacao is 12 months, pay turnover is 85 trillion won in the second half of 2020 to the first half of 2021, revenue has grown by CAGR of 102% over the past two years and have succeeded to turn around the first half of the year.

Current representatives that combines the financial platform users secure the financial products based equipped to sleep well, it is important to establish cacao Fei two-axis and domestic Pin Tech operators of exclusive partners, as well as the context of standing cacao ecosystems customized financial services, was diagnosed as differentiating factor with other competitors.

Cacao pay plans kkoehal the financial products portfolio and expand overseas markets to expand funding through IPO.

Ryuyoungjun representatives are expanding the use IPO funds to a subsidiary the acquisition funding, and easy payments position strengthened and the financial will focus on services expansion and Credit brokerage current-driven credit to charter loans and card loans, etc., and investment is stocks, pension, had hinted that it will increase as investment advice.

He added, that current spending to create a market-based foreign-based and pin-tech partnership aims in the proportion to rise significantly after five years. Especially cacao pay plans that ensure Wallet partners through the Major Shareholder Group and Antwerp sign a strategic partnership.

In addition, cacao page was also mentioned in the full implementation of the next year are carried my data ready for (your credit management services) and being cocoa boninga Insurance. Current representative My data is expected to provide new services based on the financial and non-financial data, digital life insurers are expected to start early next year, the service, he said.

Gold sobeop platforms, regulatory, risk and not chance.

That once the smoke recently traded replied that the financial side a chance to be a cacao pay for the Consumer Protection Act (Friday sobeop) risks.

Cacao page sinwongeun CSO is Cacao page has reorganized the service to recognize clearly the entity that provides the cocoa Pei securities through its subsidiaries, holds a license as a platform business, and interpret room for some guidelines that part is answered it will temporarily stop the service was resumed when the appropriate response. New CSO added, was eliminated a lot of uncertainty in being made in consultation with the authorities.

Following sinwongeun CSO said, I will ensure that consumer protection has its own system, but foundation for growth by securing the confidence to evolve in line with government policy, said there is a regulatory platform and the opportunity to mention non-business constraints.

In addition to binary Vice President Pei Cacao about the merchant fee cuts, Merchant fees are aligned with minimum operating costs, said, but it is likely to fall slightly this future commission s payment market is going offline books online share of cacao page is also rising rapidly would stand no greater influence revenue structure side, he remarks.

Cacao pay 17 million shares allocated conspiracy ... 100% equivalent

Cacao page is subject to regular investors subscribed since the day up to 26 days. Date of listing is 3 November. IPO shares will be 17,000,000 shares with gongmoga was determined to 90,000 won. Samsung Securities Sponsor representatives · JP Morgan Securities, and Goldman Sachs Securities, Daishin Securities is responsible for the co-underwriter, and Korea Investment & Securities and Shinhan Investment also participated in acquired companies.

Cacao pay plans to evenly allocate the IPO volume 100% of the Common Shares for the first time in Korea offeree in this IPO. If the minimum subscription based 20 mainly offer margin 900,000 won, anyone can become a shareholder of the cacao page.

Ryuyoungjun representative Cacao page has envision a variety of new services and convenience features for the target market of up to 46.3 trillion won, he said 2023 ▲ easy payment 19 trillion won ▲ loans 3 trillion won ▲ invest 21 trillion won ▲ insurance 3 trillion won with estimated revenue growth of cacao page and nagagetda around the sales gain market share, he said.