KakaoTalk, Korea’s dominant messenging app, didn’t work properly for six minutes on Monday afternoon while the system underwent an internal job.
The webtoon platform subsidiary of Kakao is shutting down its operation in Paris after failing to secure a foothold in the European market.
Kakao logged 120.3 billion won ($87.9 million) in operating profit for the first quarter of 2024, up 92.2 percent on year thanks to its robust platform and content business.
Korea’s antitrust regulator has approved Kakao’s acquisition of a 39.86 percent stake in K-pop agency SM Entertainment, contingent upon the implementation of corrective measures.
Four contenders have filed for approval to become Korea's fourth internet-only bank.
Kakao Games will discontinue a practice under which employees were referred to by English names.
Cute meets cute in the latest collaboration between K-pop boy band Riize and Kakao's iconic characters Ryan and Choonsik in a project titled "RRR."
The heads of Billboard, Billboard Korea and Kakao Entertainment signed the contract at Kakao Entertainment's office in central Seoul.
Kakao joined the AI Alliance, a global consortium dedicated to promoting open-source artificial intelligence (AI) development, with members including global tech firms Meta and IBM.
Kakao formed a new content-related intellectual property (IP) subcommittee for its affiliates in the webtoon and entertainment businesses to bolster its presence in the global market.
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