SEOUL, Sept 2. (Korea Bizwire) – Daum Kakao has announced the release of the official version of a new smartphone application called ‘Kakao Hello’. Kakao Hello is an app that blocks spam numbers, manages contacts, and provides other convenient features related to voice calls. By logging in one’s Kakao account, the pictures of contacts can [...]
SEOUL, Aug. 17 (Korea Bizwire) - Bank Wallet Kakao (Banka), the mobile financial service of KakaoTalk, will increase their charge and wire transfer limits during the next month. According to the Financial Supervisory Service (FSS), 17 domestic banks and the Korea Post have partnered with Banka. All 18 members of the alliance are rewriting the [...]
SEOUL, Sept. 5 (Korea Bizwire) – Kakao Inc. will introduce a new service called “Story Channel” on its KakaoStory similar to Facebook page. Unlike a series of postings by friends, this is news feeds on certain topics. Kakao, the operator of popular mobile messenger service KakaoTalk, said on September 4 that it would launch on the 16th Story [...]
![[Quote] New Daum Kakao Aims to Be Lifestyle Service Platform Provider](http://koreabizwire.com/wp/wp-content/uploads/2014/08/Executive-Portrait_Sirgoo-Lee-Co-CEO-of-Kakao.jpg "[Quote] New Daum Kakao Aims to Be Lifestyle Service Platform Provider")
“With differentiated core competitiveness of Kakao and Daum, we will lead the mobile age and the next age after the mobile age. For it, we will expand our influential power not only in the domestic market but in the global market.” “The new Daum Kakao will grow as a lifestyle service platform provider putting together [...]
SEOUL, Aug. 11 (Korea Bizwire) — Social network services are gradually evolving toward a communication tool for groups of people with same hobbies or goals. If the existing services are mainly used to strengthen ties with people already knowing with each other, the new social networking tools focus more on creating new relationships with people [...]
SEOUL, Aug. 2 (Korea Bizwire) – While Kakao is scheduled to offer an online credit card payment service next month, it is considering an “Uber-like” call taxi service as well. From September, Kakao, the operator of Korea’s largest mobile messenger service, will begin providing credit card online payment service in partnership with nine card companies including [...]
SEOUL, May 26 (Korea Bizwire) – Kakao, Korea’s largest mobile messenger service operator, decided to merge with Daum, the second-largest Internet portal in Korea after Naver, to overcome the limitation in growth within the domestic mobile industry. On May 26, Lee Sir-goo, CEO of Kakao, admitted the criticism by the business circle that it lacks [...]
SEOUL, May 8 (Korea Bizwire) – The mobile game industry is raising the stakes to come up with high-quality games with splendid graphic effects that can hitherto be shown on environments like desktop computers or video consoles. According to the industry, casual mobile games which became popular since the take-off of Anipang in 2012 have [...]
SEOUL, Korea, April 25, 2014 (Korea Bizwire) – As Kakao transformed itself into a mobile commerce company officially, a tectonic change is afoot in the mobile commerce industry. Recently, Korea On-Line Shopping Association (KOLSA) approved Kakao, the provider of Korea’s largest mobile messenger service KakaoTalk, as its new member. As KOLSA is an umbrella group [...]
SEOUL, Korea, April 10 (Korea Bizwire) – What could be a potential archrival of a financial company? Usually, it could be other competing financial companies. In Korea, however, diversified market environment changed the notion. Can you imagine that a financial company is competing with a coffee chain or an Internet company? It happens, though. As [...]