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Internet Insurance Market Grows as Naver and Kakao Launch Products

Internet Insurance Market Grows as Naver and Kakao Launch Products

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 [...]

Kakao Map Adopts British Startup’s Geo-coding System

Kakao Map Adopts British Startup’s Geo-coding System

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 [...]

Cheil Worldwide, Kakao Launch Drunk Driving Campaign

Cheil Worldwide, Kakao Launch Drunk Driving Campaign

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. [...]

Kakao Teams Up with Hospital for Health Care Business

Kakao Teams Up with Hospital for Health Care Business

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 [...]

More than 1 mln Customers Using KakaoHairShop

More than 1 mln Customers Using KakaoHairShop

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 [...]

Social Dialogue Body on Taxi, Carpooling Services Launched

Social Dialogue Body on Taxi, Carpooling Services Launched

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 [...]

Kakao to Temporarily Halt Pilot Carpool Service

Kakao to Temporarily Halt Pilot Carpool Service

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 [...]