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Korean mobile lifestyle platform company Kakao has associated with IMG to exclusively license its character brand Kakao Friends in Europe. Originating from South Korea’s leading messenger platform Kakao Talk, Kakao Friends’ characters have gained millions of…
Kakao Mobility is partnering with premium taxi provider Tago Solutions to improve customer service quality and drivers’ income levels. The move comes as tensions continue to boil over with much of the taxi industry fiercely protesting the company’s carpooling…
Kakao Mobility announced las week that it would postpone the official launch of its carpooling service after a week of fierce protests from the local taxi industry. The Kakao affiliate started offering a beta version of the service last Friday that was made…
Kakao’s carpooling service was introduced Friday for beta testing and will be officially rolled out Dec. 17. The start of the service comes after months of battling fierce opposition from local taxi services. They staged a strike on Oct. 18, two days after…
Kakao, the operator of Korea’s top mobile messenger, KakaoTalk, said Thursday its third-quarter operating profit fell 35 percent from last year due to increased costs from new businesses. Operating income reached 30.7 billion won ($27.3 million) in the…
Nine companies have agreed to develop apps for Kakao’s new Klaytn blockchain system. The public platform was developed by Ground X, Kakao’s blockchain subsidiary. It was offered on Oct. 8 on a test basis, or testnet. Kakao, Korea’s largest messenger app…
Kakao Mobility has opened recruitment for its carpool app, infuriating taxi drivers who are vehemently opposed to the move. According to the mobility company that operates taxi-hailing app Kakao T, recruiting drivers is one of the crucial steps in preparation…
South Korean mobile messaging platform Kakao is spinning off its e-commerce unit for further expansion. The new organisation will be Kakao’s largest spin-off, worth about KRW510.3 billion (US$458.6 million) by December. It will take over the operation of the…
Korea’s top mobile messenger Kakaotalk resumed normal services after experiencing disruptions around 5 p.m., its operator Kakao said Monday. Kakao said the messenger suffered problems for around an hour before being normalized at 5:48 p.m. It claimed there…
Naver and Daum, Korea’s two largest search engines, will begin providing real-time cryptocurrency prices on their websites. Dunamu, an affiliate of Kakao which operates the cryptocurrency exchange Upbit, will run the service, the company said. Users can enter…
GS Retail, which runs South Korea’s GS25 convenience store chain, is facing questions over its profitability after it posted contracted numbers in its earnings last year. According to its regulatory filing, GS Retail logged KW30.9 billion (US$28.4 million) in…
Kakao Friends is holding a second exhibition at the “Kakao Friends Concept Museum” in Hongdae, Seoul from 15 December 2017 to 27 May 2018. This exhibition is dedicated to the cultural icon Kakao Friends which represents modern times. Kakao Friends’ second…
Kakao on 5 September 2017 unveiled its smart speaker, Kakao Mini, which will officially hit shelves by the end of September this year. Kakao, which operates the country’s most popular messaging app Kakao Talk, said the Kakao Mini will work on its artificial…
Korean internet company Kakao, known for its chat app KakaoTalk, plans to jump into the food-delivery sector. The Kakao food-delivery service is planned for launch by January, and it is expected to be incorporated into the app, which has four menu buttons.…
Kakao, the Korean internet pioneer, has selected ‘Hair Shop’ as its first O2O (online to offline) business in the beauty sector. Kakao plans to expand its O2O business by releasing new services – relief drivers and the hair industry. According to industry…
Two consortiums, led by South Korean Internet giant Kakao and No. 2 telecom operator KT, were approved to launch the nation’s first Internet-only banks next year, the banking authority said Sunday. Under the government’s pilot program, the two banks will…
