Kakao Implements Emergency Management System After Founder’s Arrest

SEOUL, July 25 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s dominant mobile messenger, said Thursday it has decided to form an emergency management system to address the vacancy left by its founder, Kim Beom-su, following his recent arrest. Under the new system, CEO Chung Shin-a will serve as the acting chief of [...]