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Kakao’s New Van Taxi-hailing Service Offers Alternative to Tada

Kakao’s New Van Taxi-hailing Service Offers Alternative to Tada

SEOUL, Dec. 12 (Korea Bizwire) — Amid the recent crisis surrounding ride-hailing app Tada’s possible shutdown, internet giant Kakao Corp. plans to introduce a new van taxi hailing service. Kakao Mobility, the transportation arm of Kakao, announced on Wednesday that it will begin testing the new Kakao T Venti service. The new service will first [...]

Foreigners Scoop Up Kakao on Improving Earnings, Biz Diversification

Foreigners Scoop Up Kakao on Improving Earnings, Biz Diversification

SEOUL, Dec. 3 (Korea Bizwire) — Foreign investors’ love for Kakao Corp. seems to be showing no signs of a letup, even during their weekslong sell-off spree of local stocks, on expectations that the operator of the country’s most popular messenger KakaoTalk may get a further boost from its lucrative platform, content and fintech-related businesses, [...]

Kakao Holds Young Adult Genre Contest with 10 mln Won in Prize Money

Kakao Holds Young Adult Genre Contest with 10 mln Won in Prize Money

SEOUL, Sept. 12 (Korea Bizwire) — KakaoPage, a webtoon and Internet social media platform operated by Kakao Corp., will hold a contest in the young adult genre in collaboration with Changbi Publishers, a major South Korean publishing house. Young adult novels refer to novels about the main character’s growth, such as hardships, trials, adventures, and [...]

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. [...]