STOCK TITAN

Joint Stock Company Kaspi.kz American Depository Shares - $KSPI STOCK NEWS

Welcome to our dedicated page for Joint Stock Company Kaspi.kz American Depository Shares news (Ticker: $KSPI), a resource for investors and traders seeking the latest updates and insights on Joint Stock Company Kaspi.kz American Depository Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Joint Stock Company Kaspi.kz American Depository Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Joint Stock Company Kaspi.kz American Depository Shares's position in the market.

Rhea-AI Summary

Kaspi.kz has partnered with Alipay+ to allow its customers to pay using the Kaspi.kz Super App and QR code in China. This partnership aims to provide a seamless payment experience for Kazakhstanis traveling in China, eliminating the need for cash or cards. CEO Mikhail Lomtadze expressed gratitude for the partnership, emphasizing the convenience it brings to customers. Venetia Lee of Ant International highlighted the innovation and service excellence behind the collaboration, aiming to enhance travel and shopping experiences.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
Tags
partnership
-
Rhea-AI Summary

Kaspi.kz, a company operating the Kaspi.kz Super App and Kaspi Pay Super App, has filed its Annual Report on Form 20-F for the year ended December 31, 2023, with the SEC. The report is available on the company's investor relations website and the SEC's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.37%
Tags
none
-
Rhea-AI Summary
JSC Kaspi.kz (Nasdaq: KSPI) announces an Extraordinary General Meeting of Shareholders to be held on May 22, 2024, with a recommended dividend of 850 KZT per common share. The meeting will address dividend payment approval and shareholder participation based on the register as of April 19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
none
News
Rhea-AI Summary
Kaspi.kz, a leading company in Kazakhstan, reported strong financial results for the first quarter of 2024, with revenue and net income up by 40% and 28% respectively compared to the previous year. The company's Marketplace platform showed significant growth, with revenue from various services contributing to a higher take-rate. The acquisition of Kolesa.kz has positioned Kaspi.kz as a major player in the auto market, with e-Cars becoming a profitable segment. E-Commerce and e-Grocery segments also saw impressive growth, along with Kaspi Travel and Fintech platforms. The company plans to focus on shareholder value through dividends and efficient capital allocation, while maintaining a strong outlook for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
-
News
Rhea-AI Summary
Kaspi.kz Announces Approval of Dividends and Financial Statements at Annual General Meeting
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.32%
Tags
none
-
Rhea-AI Summary
Kaspi.kz (KSPI US) will announce its financial results for the first quarter of 2024 on April 22, 2024. The company will hold a conference call and webcast to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
Rhea-AI Summary
Kaspi.kz Completes Cancellation of Listing of ADSs and Rule 144A GDRs
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
none
-
Rhea-AI Summary
Kaspi.kz, a leading financial and e-commerce platform in Kazakhstan, reported strong financial results for the fourth quarter and fiscal year 2023. Revenue and net income saw significant increases of 45% and 32% year-over-year in 4Q 2023. The company's Payments and Marketplace Platforms outperformed expectations, with e-Commerce being a standout performer. Kaspi.kz also saw growth in e-Grocery, Travel, and B2B transactions. The company plans to delist from LSE due to higher trading liquidity on NASDAQ and expects another year of fast earnings growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
-
Rhea-AI Summary
Kaspi.kz Announces Annual General Meeting of Shareholders and Dividend Proposal
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
none
Rhea-AI Summary
Joint Stock Company Kaspi.kz Announces Intention to Cancel London Stock Exchange Listing of ADSs and Rule 144A GDRs
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
none
Joint Stock Company Kaspi.kz American Depository Shares

Nasdaq:KSPI

KSPI Rankings

KSPI Stock Data

22.90B
191.96M
United States of America