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[In-depth] “KakaoTalk Real Estate” Creates Shock Wave in Real Estate Market

[In-depth] “KakaoTalk Real Estate” Creates Shock Wave in Real Estate Market

SEOUL, Nov. 17 (Korea Bizwire) — A business model called “KakaoTalk Real Estate” is attracting keen interest among real estate industry participants as it is offered much lower rates than currently charged by agents. Amid a controversy following an announcement by the government that it would force the current brokerage commissions to be cut by [...]

Banks Rush to Offer Exclusive Bank Accounts for “Bank Wallet Kakao”

Banks Rush to Offer Exclusive Bank Accounts for “Bank Wallet Kakao”

SEOUL, Nov. 11 (Korea Bizwire) – As KakaoTalk starts its Bank Wallet Kakao service from November 11, Korean banks are rushing to offer bank account products exclusively for the service. For the so-called “Katok Bank” service, Korean commercial banks including Woori Bank, Hana Bank and Korea Exchange Bank(KEB) rolled out the accounts exclusively for the service to [...]

Korean Cyber Asylum Seekers in Telegram in Sharp Surge Recording 2.6 Mil.

Korean Cyber Asylum Seekers in Telegram in Sharp Surge Recording 2.6 Mil.

SEOUL, Oct. 15 (Korea Bizwire) – Privacy anxiety among Korean mobile messaging users leads to more and more “cyber asylum” seekers who are mostly migrating into Telegram, a German encryption-based messaging app, which is more secure than peers in the market. Now the number of Kakao “defectors” to Telegram is nearing three million, setting a record-breaking [...]

Daum Kakao to Strengthen KakaoTalk Security Features with “Privacy Mode”

Daum Kakao to Strengthen KakaoTalk Security Features with “Privacy Mode”

SEOUL, Oct. 10 (Korea Bizwire) – Daum Kakao said on October 9 that it would introduce a “privacy mode” to its KakaoTalk mobile messenger service within the year’s end as a way to enhance security. With the new feature, the user will be able to encrypt conversations with his friends and delete messages immediately. To this end, [...]

Home-made Mobile Messenger User Number Falls 1.7 Mil.in a Week

Home-made Mobile Messenger User Number Falls 1.7 Mil.in a Week

SEOUL, Oct. 10 (Korea Bizwire) – Due to the recent controversy over the censorship on mobile messenger conversations, as many as 1.67 million users stopped using home-made mobile messengers including KakaoTalk, NateOn, and Line. In contrast, the number of users for “Telegram,” the mobile messenger app developed in Germany, has gained by a large margin. According [...]

Telegram Prepares for Its Full-scale Korean Service

Telegram Prepares for Its Full-scale Korean Service

Addition and Correction: The number of downloads for a ‘cyber asylum’ in Telegram recorded about 1~1.5 million in the previous week alone, according to the local internet traffic tracking institutes like Ranky.com and other sources available. And the surge in migrating into Telegram has edged out KakaoTalk as No.1 messaging app in South Korea. SEOUL, [...]

“Naked Woman in Gangnam” Turns out Fake Story…Manifestation of Our Society’s Voyeurism

“Naked Woman in Gangnam” Turns out Fake Story…Manifestation of Our Society’s Voyeurism

SEOUL, Sept. 29 (Korea Bizwire) — On September 25, major social networking services such as Twitter and KakaoTalk were abuzz with postings and videos of a naked woman walking on a busy street near the Seolleung subway station in Seoul’s Gangnam. According to Gangnam Police Station on the 28th, the person who posted the message first time [...]