The Korean internet giant was an early investor in Dunamu, which operates the country’s most popular crypto exchange Upbit.

Shina Chung and Sam Altman are hoping for a win-win. Kakao CEO Shina Chung is banking on next-gen AI tech to rev up sales. With OpenAI’s help, Kakao hopes to realize its ambitions of being at the ...

Hybe’s Weverse may soon lose its dominance in the online fandom platform market, as Kakao Entertainment confirmed on Monday the launch of competing service Berries sometime this year. Kakao is ...

Kakao Mobility has reportedly signed a contract with global private equity fund TPG (Texas Pacific Group) under which it ...

Korean entertainment-tech giant Kakao has launched an offer worth close to $1 billion to buy up one third of SM Entertainment and thwart BTS management firm HYBE Corp. from grabbing control. The ...

South Korean internet giant Kakao -- in the middle of multiple investigations over antitrust and securities violations -- has appointed a new CEO as it tries to turn the ship around. Shina Chung, who ...

Kakao Corp (XKRX:035720) recorded the highest quarterly revenue in its history, driven by solid growth in business and visible performance from affiliates. Operating profit reached an all-time high ...

Consolidated Revenue: KRW 2,005 billion, up 4% year-over-year. Operating Profit: KRW 134 billion, up 19% year-over-year. Platform Revenue: KRW 955 billion, up 10% year-over-year. Talk Biz Revenue: KRW ...

Kakao Entertainment announced on the 7th that its illegal distribution response team (P.CoK) successfully closed four major illegal global webtoon and web novel distribution sites as a result of its ...

Kakao unveiled the biggest overhaul of KakaoTalk in its 15-year history on Tuesday, adding long-requested chat functions and embedding AI services, including ChatGPT. At its annual developer ...

Tightening security and an escalating internet crackdown are costing Telegram its Russian users, who are now turning to Korean messaging app ...