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Kakao Surpasses Naver to Become S. Korea’s 3rd Most Valuable Firm

Kakao Surpasses Naver to Become S. Korea’s 3rd Most Valuable Firm

SEOUL, June 15 (Korea Bizwire) — Kakao Corp. has an insatiable appetite for platform businesses, spanning messenger, e-commerce, mobility, content and finance, and now it has earned another title: South Korea’s third-most valuable company. The nation’s dominant mobile messenger operator rapidly expanded its presence in the nation’s tech sector with a wide range of platform [...]

Kakao Mobility and Taxi Industry Face Another Dispute

Kakao Mobility and Taxi Industry Face Another Dispute

SEOUL, April 19 (Korea Bizwire) — Kakao Corp., once embroiled in a long-standing dispute with the taxi industry due to its ride-sharing service, is once again facing similar criticism. Kakao Mobility Corp., the mobility business unit of Kakao, released a new 99,000 won (US$88.50) monthly subscription plan for taxi drivers last month that offers benefits [...]