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 [...]
SEOUL, Oct. 7 (Korea Bizwire) – South Korea’s top mobile messenger operator Kakao Corp. has decided to comply with prosecutors’ requests for access to online conversations, company officials said Wednesday, sparking fresh concerns over the breach of user privacy. The decision came about one year after Kakao, which runs the nation’s No. 1 mobile chat [...]
SEOUL, Sept. 23 (Korea Bizwire) — Daum Kakao, the operator of South Korea’s most popular mobile messenger KakaoTalk, renamed itself and appointed a new chief executive officer on Wednesday, marking a turning point almost a year after its merger. At an emergency meeting, shareholders approved plans to rename itself Kakao and appoint nominee Rim Ji-hoon [...]
SEOUL, Aug. 26 (Korea Bizwire) – South Korea’s leading online shopping site Interpark said Wednesday it has joined forces with the nation’s top mobile carrier and several other firms to win regulatory approval for running an Internet-only bank. Interpark said its consortium includes SK Telecom, the state-run Industrial Bank of Korea, GS Home Shopping and four [...]
SEOUL, July 31 (Korea Bizwire) – With rapid growth in the character business that features collaborations between the emojis of mobile messengers like KakaoTalk of DaumKakao and Line of Naver, the two largest IT companies in Korea are enjoying the effect of killing two birds with one stone. As the “Kakao Friends” and “Line Friends” emojis raise [...]
SEOUL, July 31 (Korea Bizwire) – Naver, South Korea’s top Internet portal operator, rolled out a real-time video streaming app on Friday that features behind-the-scenes stories of popular K-pop artists, as it seeks to expand its global presence with the new mobile media platform. Dubbed V, the app is designed to provide footage of top Korean singers [...]