Kakao
South Korea sets site engineering standards for big tech firms
The South Korean Ministry of Science and ICT have set guidelines for tech firms operating in the country. The guidelines...
Wealth Shaken Up After Kakao’s Founder Faces Antitrust Probe
Kim Beom-su, one of the richest Korean entrepreneurs and the founder of tech giant Kakao, is facing an antitrust probe....
Kakao shares get hit as it receives criticism over market dominance
South Korea continues to curb tech firms' dominance in the industry with restrictions being imposed. Kakao Corp, the country's largest...
Kakao, Samsung and other top companies you’ll want to work in
Kakao Corp remains at the top spot for the second time in a row, as the most preferred...
Daum Rebrands As Kakao Webtoon Amid Soaring Competition
Kakao Entertainment Corp., an industry-leading South Korean entertainment content provider, revealed that it would be rebranding Daum Webtoon as Kakao...
Kakao Mobility, GS to Accelerate Future Mobility Transition
Kakao Mobility Corp., one of South Korea’s top mobility service providers, received 30 billion won ($26 million) in funding from...
KakaoBank’s IPO Draws Record-Breaking Bids Amid Valuation Talks
KakaoBank, Kakao Corp.’s Internet-only retail lender, is set to acquire 2.55 trillion won ($2.2 billion) after pricing its initial public...
Kakao’s Ground X Joins Bank of Korea’s Digital Currency Project
South Korea’s central bank, the Bank of Korea (BOK), officially selected Ground X, Kakao Corp.’s blockchain technology subsidiary, as a...
Traditional Korean Banks to Catch Up to KakaoBank Digital Bank Success
Numerous industry-leading traditional South Korean banks, including Hana, KB Kookmin, Shinhan, and Woori, plan to boost their online platforms. Moody’s...
KakaoBank, KakaoPay’s Back-to-Back IPO to Raise 4 Trillion Won
Kakao Corp. announced that it would officially launch its two units, KakaoBank and KakaoPay, on the Korea Composite Stock Price...
KakaoBank to Become Korea’s 3rd-Largest Lender After $2.3B IPO Target
KakaoBank Corp., Kakao Corp.’s mobile-only banking service platform, announced that it aims to raise at least 2.6 trillion won ($2.3...
Kakao Becomes Korea’s 5th Largest Biz Group in Terms of Market Cap
Kakao Corp., South Korea’s most popular messaging app operator, became the country’s fifth-largest business group in terms of market capitalization....
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...