LG Uplus, Kakao Mobility Form Partnership for Electric Vehicle Charging
LG Uplus, the third-largest mobile carrier in South Korea, has partnered with Kakao Mobility, a subsidiary of tech giant Kakao ...
Tag: Kakao
Siebert Financial Corp. Receives $17 M Investment from Kakao Pay, Appoints Simon Shin as External Director
Kakao Pay, the online payment service of South Korean tech giant Kakao, has successfully invested $17 million in Siebert Financial ...
South Korea plans Urban Air Mobility Air Taxi services by 2025
South Korea is set to commercialize its air taxi services by 2025. Commercialization of air taxis is expected to free ...
Kakao Brain builds image-generating AI model
Kakao Brain, the AI tech research and development division of Kakao, has announced a new AI model that creates images ...
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 ...
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 ...
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). ...
