Ride-Hailing Rivalry: Kakao and Uber Bet on Membership Services in Korea
South Korea’s ride-hailing industry is entering a new battleground as Kakao Mobility and Uber launch competing membership services. Both companies ...
Tag: Kakao
Court Trial Heats Up: Kakao Founder Faces Prison over Controversial SM Deal
South Korean prosecutors have requested a 15-year prison sentence and a 500 million won ($360,000) fine for Kim ...
KakaoTalk to Adopt Instagram-Style Feed in Major 2025 Redesign
KakaoTalk, South Korea’s leading messaging app, is preparing its most significant redesign in 15 years, transforming the long-standing “Friends” tab ...
South Korea Invests $1.1B to Build National AI GPU Infrastructure
South Korea’s Ministry of Science and ICT (MSIT) has chosen Naver Cloud, NHN Cloud, and Kakao as key partners for ...
Kakao Becomes First in Korea to Open-Source Advanced AI Models
Kakao has made history as the first South Korean company to open-source both a high-performing MLLM and a mixture of ...
Daum Goes Solo: Kakao Restructures to Boost Portal Competitiveness
Kakao Corp., South Korea’s internet company, has spun off Daum, the country’s second-largest web portal, to regain momentum ...
Kakao Seeks Rebound with AI Chatbot After Earnings Drop
Kakao Corp. has enhanced its artificial intelligence (AI) capabilities with the launch of "Kanana," a new AI chatbot app designed ...
Kakao Unveils Kanana-o: Korea’s First AI Model That Sees, Hears, and Speaks
Kakao introduced Kanana-o, South Korea's first multimodal large language model (LLM), capable of understanding and processing text, voice, and images ...
Korea’s Navigation Battle Heats Up: Naver and Kakao vs. Google maps
With Google maps aiming to lift restrictions on exporting detailed map data from South Korea, Naver and Kakao are ...
SK Telecom Sells Entire Kakao Stake, Sends Shares Tumbling
Kakao Corp. shares declined on Friday, underperforming both its peers and the broader market, following news that SK Telecom Co. ...
AIA Life and Kakao Healthcare Partner to Drive Digital Health Innovation
AIA Life and Kakao Healthcare have entered into a memorandum of understanding (MOU) to advance digital health solutions. The agreement, ...
FKI Welcomes Naver, Kakao, HYBE, and Dunamu in Major Membership Expansion
The Federation of Korean Industries (FKI) is expanding its influence as leading tech firms and major business players join its ...
OpenAI Partners with Kakao as It Eyes AI Growth in South Korea
OpenAI is expanding its presence in Asia through a strategic collaboration with Kakao, South Korea's leading tech company and operator ...
Kakao Mobility Faces $10.5 Million Fine for Limiting Competitors’ Access to Taxi Platform
South Korea's Fair Trade Commission (KFTC) has levied a $10.5 million (KRW 15.1 billion) fine on Kakao Mobility, the ride-hailing ...
South Korea’s Top Internet Platforms Struggle with Surge in Traffic After Martial Law Announcement
Naver and Kakao, South Korea's leading internet platforms, experienced major disruptions on the night of December 3 when President Yoon ...
NEMO 2024: Kakao Mobility Unveils Vision for the Future of Mobility and Tech Advancements
Kakao Mobility hosted its tech conference, NEXT MOBILITY: NEMO 2024, on November 13 at the Kakao AI Campus in Yongin, ...
Kakao Launches Kanana: An AI Messenger Designed for Personalized Interactions
Kakao, the company behind the popular messaging platform KakaoTalk, has announced its plans to launch an AI-integrated messenger app called ...
FTC Imposes 72.4 Billion Won Fine on Kakao Mobility Over Antitrust Violations
South Korea's Fair Trade Commission (FTC) has imposed a fine of 72.4 billion won ($54.9 million) on Kakao Mobility, the ...
Government Inspects Naver, Calls for Better Disaster Management
Naver, one of South Korea's leading tech companies, has received its first corrective order from the government for inadequate measures ...
Gov’t Launches Emergency Inspection of Kakao After Repeated Service Outages
The South Korean government has initiated an emergency on-site inspection of Kakao, the operator of the country's leading mobile messenger ...