Kakao
Kakao Diversifies Its Portfolio with 2022 Digital Non-Life Insurance Launch
Kakao Corp., one of South Korea’s leading online platform operators, shared that it plans to enter the insurance industry. South...
Kakao Mobility Expands Services, Secures 140B Won in Shares Offering
Kakao Mobility Corp., the largest South Korean cab-hailing and parking service app operator announced that it had acquired additional investments....
Kakao Challenges Local Rivals with E-commerce Platform Launch in July
Kakao Corp. currently prepares to participate in the South Korean e-commerce sector. In particular, Kakao would be launching its e-commerce platform...
Kakao Enters OTT Sector with 25 Bln Won Acquisition of Streaming Firm INISOFT
Kakao Corp., South Korea’s largest messaging service operator, revealed that it would enter the over-the-top (OTT) streaming sector. Investment banking...
SK Telecom, Kakao VX Launch Korea’s 1st Sports Metaverse Broadcast
SK Telecom Co. announced that it would introduce South Korea’s first metaverse broadcast system at the SK Telecom Open 2021. Metaverse...
Kakao Japan Secures 600 Bln Won, Boosts Webtoon Biz Ahead 2022 IPO
Kakao Corp.’s Japanese affiliate, Kakao Japan, shared that it would secure 600 billion won ($532 million) in funding to boost its business...
Kakao Entertainment Finalizes Aquisition oF Radish Fiction, Tapas Media
Kakao Entertainment Corp., Kakao’s mass media and publishing unit, finalizes its acquisition of two US-based online comic and storytelling platforms....
Kakao Pay to become South Korea’s first mobile fintech to apply for IPO
Kakao Pay Corp. announced that it had filed a preliminary approval for its initial public offering (IPO) to the Korea...
Kakao Japan Launches Studio 1Pic to Cultivate Korean Webtoons
Kakao Corp.’s Japanese affiliate Kakao Japan announced that it had launched Studio 1Pic, its first subsidiary in South Korea. Recently, Kakao has...
Kakao Diversifies E-Commerce Services with Zigzag Acquisition
Kakao Corp. announced that it would acquire Croquis, the operator of ZigZag, a local fashion shopping platform startup. Recently, the South Korean...
Kakao Entertainment Looks into US IPO, Aims for $18 Billion Valuation
Kakao Entertainment Corp., a South Korean content provider, announced that it is looking into a US initial public offering (IPO)....
KakaoTalk Wallet’s Digital Authentication Exceeds 10 Million Users
Kakao Corp. announced that its KakaoTalk wallet users had exceeded over 10 million. In February, Kakao introduced the KakaoTalk wallet, a mobile-based...
Kakao Expands Content Library With Radish Web Novel Acquisition
Kakao Corp. is currently in the middle of acquiring Radish Fiction, a US-based mobile app that offers diverse serialized fiction. Established in...
Kakao Entertainment and SK Broadband To Deliver Diverse Content Selection
Kakao Entertainment and SK Broadband Inc. announced that they would collaborate to provide diverse, original content for the BTV platform. BTV is a...
Kakao Entertainment’s K-pop music Returns to Spotify’s Streaming Service
Kakao Entertainment and Spotify have finally reached an official agreement and settled their licensing issue, making Kakao Entertainment’s music content available again on...
Kakao M and Kakao Page Signs Merger to Create Kakao Entertainment
Kakao M and Kakao Page announced they had finalized the necessary merger procedures, officially launching the global platform Kakao Entertainment Company....
Spotify Pulls Out K-Pop Music Provided by Kakao M
Hundreds of tracks and albums from K-pop musicians have become unavailable from Spotify due to licensing contract lapse. In an official...
Carlyle Group Buys $200 Million Worth Shares of Kakao Mobility
The Carlyle Group, a global investment company, would buy 221 billion won (USD 200 million) worth of shares from Kakao...
Kakao Showcases Kakao Work and KakaoTalk Digital Wallet at OECD
Kakao introduced their new mobile-based platforms Kakao Work and KakaoTalk wallet at the Organization for Economic Cooperation and Development (OECD)....
Kia, Kakao Mobility Signs Partnership Promoting Electric Taxis
South Korean companies Kia Motors and Kakao Mobility signed a memorandum of understanding promoting the expansion of eco-friendly electric taxis....
