SEOUL, Jul. 31 (Korea Bizwire) — The Internet insurance market is heating up as Naver, Korea’s largest Internet portal operator, recently announced its plan to jump into the financial industry. South Korea’s top internet portal operator Naver Corp., which has established a separate subsidiary that specializes in providing financial services, aims to provide various financial [...]
SEOUL, Apr. 16 (Korea Bizwire) — South Korean IT giant Kakao Corp. said Tuesday that it has joined hands with what3words Ltd. to insert the London-based startup’s innovative geo-coding system into its mapping service, Kakao map. Kakao started its mapping service early this month by adopting the British startup’s technology. What3words launched the service that [...]
SEOUL, Mar. 20 (Korea Bizwire) — Tago Solutions, a local taxi franchise, said Wednesday that it has joined hands with tech giant Kakao Corp. to launch a new cab-hailing platform that guarantees rides. The new service, Waygo Blue, is designed to keep drivers from refusing riders who are traveling short distances, as the customer’s destination [...]
SEOUL, Mar. 19 (Korea Bizwire) — Hyundai Motor Co. announced on Monday that it would include a voice-recognition interactive personal assistant service on the new Sonata, which will be released on Thursday, using Kakao’s artificial intelligence (AI) platform called ‘Kakao i.’ Hyundai and Kakao have been carrying out a joint project to use a variety [...]
SEOUL, Mar. 14 (Korea Bizwire) — Advertising agency Cheil Worldwide Inc. and Internet portal Kakao Corp. recently launched a unique campaign to prevent drunk driving, which has increased public interest due to the Yoon Chang-ho Act. Cheil announced on Wednesday that its joint campaign with Kakao called ‘Redceipt’ is gaining significant attention from the public. [...]
SEOUL, Mar. 4 (Korea Bizwire) — South Korea’s top mobile messenger operator Kakao Corp. said Monday that its investment-focused affiliate has signed a deal with a local hospital to provide health care and tailored medical services to patients. Kakao Investment plans to invest 10 billion won (US$8.9 million) in a joint venture between Yonsei University [...]
SEOUL, Jan. 31 (Korea Bizwire) — South Korean IT giant Kakao Corp. said Thursday that its artificial intelligence (AI) powered system has surpassed humans for the first time in a Korean reading-comprehension test. Kakao’s AI topped the list by scoring 91.85, surpassing a human score of 91.2, the company said. Clova, an AI platform by [...]
SEOUL, Jan. 23 (Korea Bizwire) — Kakao Corp. announced on Tuesday that KakaoHairShop, a reservation service platform for hair salons, recorded 1.03 million customers and 60 billion won (US$53.21 million) in transactions last year. This represents an increase of 153 percent in the number of customers and 109 percent in sales compared to 2017. KakaoHairShop [...]
SEOUL, Jan. 22 (Korea Bizwire) — The ruling party, the government, and the taxi and carpooling service sectors launched a social dialogue body Tuesday in an effort to explore win-win strategies over shared mobility. Taxi associations have been strongly opposed to the introduction of carpooling services by Kakao Mobility Corp., the operator of South Korea’s [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korean IT giant Kakao Corp. said Tuesday that it has decided to temporarily suspend the pilot of its app-based carpool service. Kakao Mobility, the transportation arm the country’s dominant mobile messenger operator, Kakao, earlier delayed the official launch of its carpool service, slated for December, following the death [...]