SEOUL, Oct. 21 (Korea Bizwire) — A Seoul court on Tuesday acquitted Kim Beom-su, founder of tech giant Kakao Corp., of charges that he manipulated stock prices during the company’s high-profile takeover battle for K-pop powerhouse SM Entertainment, ending a nearly three-year legal saga that had clouded the firm’s reputation. The Seoul Southern District Court [...]
SEOUL, March 16 (Korea Bizwire) – The founder of South Korea’s top mobile messenger operator Kakao Corp. said Tuesday that he will donate half of his wealth — currently estimated to be more than 10 trillion won (US$8.9 billion). “Through this pledge today, we commit to give more than half of our wealth back to [...]
SEOUL, Feb. 25 (Korea Bizwire) — Kim Beom-su, the founder of South Korea’s top mobile messenger operator Kakao Corp., said Thursday that his role model is Bill Gates and that he wants to further benchmark the steps of the U.S. business magnate following his donation pledge. In an online conference with employees, Kim, who recently [...]
SEOUL, Feb. 8 (Korea Bizwire) — The founder of South Korea’s top mobile messenger operator Kakao Corp. said Monday that he will donate more than half of his wealth — currently estimated to be more than 10 trillion won (US$8.9 billion). “I have pledged to donate more than half of my assets to solve social [...]