SEOUL, Nov. 16 (Korea Bizwire) – “There are many ‘touchpoints’ in the Kakao platform, and all of (our users’) life moments can be turned into a marketing opportunity,” said Kakao CEO Jimmy Lim, during Tuesday’s Business Conference held in Seoul with advertisers. The conference was arranged to declare Kakao’s newfound commitment to improving its disappointing [...]
SEOUL, Oct. 20 (Korea Bizwire) – KakaoTalk, the most popular mobile messaging platform in Korea, has finally done away with its “recommended friends” service, a function that recommended adding as a friend any individual whose phone number was saved in a phone’s contacts list. On October 19, industry sources said that Kakao added a service [...]
SEOUL, June 4 (Korea Bizwire) – The government recently began an investigation into Kakao, the corporation behind both KakaoTalk and the Daum internet portal, after it was discovered that the company had been using URL links shared in KakaoTalk conversations as data to configure its Daum search algorithms. Citizen organizations and users alike have been criticizing Kakao after [...]
SEOUL, May 31 (Korea Bizwire) – More South Koreans are using Naver Corp.’s group-interaction service BAND and Instagram, although Facebook is still the most popular social networking service (SNS) platform in the country, a survey showed Tuesday, signaling a shift in the local SNS landscape. According to the survey conducted by Digieco, an economic research institute run [...]
SEOUL, May 2 (Korea Bizwire) — As the number of working couples and single-person households increases, new mobile applications that offer help with housework are on the rise. It’s a new form of Online-To-Offline (O2O) commerce followed by existing mobile applications for delivery, transportation, and real estate businesses. Two dozen applications, such as Miso (Smile) [...]
SEOUL, Apr. 29 (Korea Bizwire) – With Kakao’s expansion into corporate messaging, the ways in which people consume business information are changing. Consumers no longer have to receive informational texts, call customer support or go through company webpages for information. These types of communication can all be handled by KakaoTalk, Kakao’s flagship messenger. Kakao Corporation [...]
SEOUL, April 11 (Korea Bizwire) – Korean internet giants Naver and Kakao are battling to take the lead in O2O (online to offline) businesses. Due to a limited number of different kinds of business opportunities to tackle in the IT industry, the projects laid out by the two companies are often in conflict. However, since the two [...]
SEJONG, April 4 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, has been included on the antitrust watch list as a large business group, with its mutual investments and loan guarantees to be restricted, the watchdog said Sunday. The Fair Trade Commission (FTC) announces a newly updated list of large [...]
SEOUL, March 8 (Korea Bizwire) – KakaoTalk, the most popular mobile messenger among Koreans, will soon be able to offer assistance in emergency situations. Seoul citizens will be able to use the messaging service to communicate with 119 emergency responders as early as the end of the year. According to the Seoul Metropolitan Government, the [...]
SEOUL, Oct. 20 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s most popular messenger app KakaoTalk, unveiled on Tuesday a premium cab-booking application that offers users luxury car services, as it seeks to monetize its platform business amid concerns on low profitability. KakaoTaxi Black will be available at a minimum fare of 8,000 [...]