Kakao Archives | Be Korea-savvy
Non-life Insurers Speed Up Digitalization to Fend Off Kakao

Non-life Insurers Speed Up Digitalization to Fend Off Kakao

SEOUL, Jan. 21 (Korea Bizwire) — The sense of crisis felt by South Korea’s general insurance companies is growing as internet giant Kakao Corp. is pushing to establish the nation’s third digital general insurance company. Against this backdrop, existing insurance companies are accelerating efforts to speed up their digitalization. Hanwha General Insurance Co. introduced the [...]

Kakao Begins Plastic Recycling Project for Eco-friendly Consumption

Kakao Begins Plastic Recycling Project for Eco-friendly Consumption

SEOUL, Jan. 14 (Korea Bizwire) — Kakao Makers, an order-based production platform under Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, announced Wednesday a new eco-friendly project called ‘Prime People’ to promote plastic recycling. Plastics are separated by their material and type before they are recycled, and small-sized plastics like bottle caps [...]

Taxi Drivers to Help Find Criminal Suspects and Missing People

Taxi Drivers to Help Find Criminal Suspects and Missing People

SEOUL, Dec. 25 (Korea Bizwire) — Taxi drivers across the country are being tasked with helping to track down criminal suspects and missing people. Kakao Mobility, the operator of South Korea’s largest taxi-hailing app Kakao T, is scheduled to sign a memorandum of understanding with the National Police Agency (NPA) early next year to cooperate [...]

SK Telecom to Develop Pandemic-fighting AI with Samsung and Kakao

SK Telecom to Develop Pandemic-fighting AI with Samsung and Kakao

SEOUL, Dec. 22 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Tuesday it has partnered with Samsung Electronics Co. and Kakao Corp., the country’s top mobile messenger operator, to develop an artificial intelligence (AI) platform to help combat the COVID-19 pandemic. The telecom operator said the three companies formed a joint [...]

Kakao Announces Intention to Beef Up Smart Home IoT Business

Kakao Announces Intention to Beef Up Smart Home IoT Business

SEOUL, Nov. 26 (Korea Bizwire) — Kakao Enterprise Corp., an artificial intelligence (AI) unit of the country’s largest mobile messenger operator, Kakao Corp. said Tuesday it will strengthen its Internet of Things (IoT) business for smart homes and collective housing complexes in collaboration with smart home solution provider COMMAX Co. In 2017, Kakao Enterprise’s AI [...]

Kakao Unveils New Services to Enhance User Convenience

Kakao Unveils New Services to Enhance User Convenience

SEOUL, Nov. 18 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, on Wednesday announced new services that center on enhancing user convenience through its messenger platform. Kakao said it will first launch the so-called mobile wallet that stores and manages mobile documents, such as identification cards, certificates and driver’s [...]

Naver, Kakao Expected to Show Brisk Performance Next Year amid Pandemic

Naver, Kakao Expected to Show Brisk Performance Next Year amid Pandemic

SEOUL, Nov. 7 (Korea Bizwire) — Naver Corp. and Kakao Corp., the two major South Korean tech companies, are expected to continue their upward trajectory in earnings projections amid the coronavirus pandemic, market watchers said Saturday. Quarterly sales of Naver — South Korea’s top internet portal operator — and Kakao — the operator of the [...]

Kakao’s Q3 Net Nearly Quadruples on Robust Platform, E-commerce

Kakao’s Q3 Net Nearly Quadruples on Robust Platform, E-commerce

SEOUL, Nov. 5 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, said Thursday its third-quarter net profit jumped nearly three times from a year earlier on the back of robust growth of its e-commerce services based on its messenger platform. Net profit reached a quarterly high of 143.7 billion [...]