Kakao told TechCrunch that it decided to remove the external link for users’ convenience. The decision came a week after Kakao held discussions with South Korea Communications Commission (KCC ...

Instead, Kakao is now offering KRW150,000 ($115) apiece to buy 8.33 million SM shares, or 35% of the company’s currently issued share capital, on the open market. Kakao’s offer closes on March 26.

The billionaire founder of South Korean tech giant Kakao Corp, Kim Beom-su was arrested on Tuesday on accusations of manipulating stocks during the acquisition of a K-Pop agency last year.

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 ...

SEOUL — In South Korea, Kakao is ubiquitous. Nearly everyone, from schoolchildren to the elderly, uses the Korean tech company’s apps for messaging, taxis, navigation and payments. It’s ...

Kakao, together with its entertainment unit, on Tuesday made a tender offer of nearly $1 billion for 35% of K-pop label SM Entertainment. That represented a 15% premium to Monday’s closing share ...

With Kakao’s tender having expired on Sunday and SM shareholders no longer able to sell at a premium, SM’s share price dropped 15% to 91,100 ($70.23) won on Monday and improved slightly to ...

Kakao Games Europe, the European subsidiary of Kakao’s gaming arm Kakao Games, bought a 30.37% stake in Lionheart for 1.2 trillion won ($925 million) at the end of June, ...

OpenAI said on Tuesday it will develop artificial intelligence products for South Korea with chat app operator Kakao , unveiling a second major alliance with a high-profile Asian partner this week.

South Korean internet giant Kakao has launched a bid to become the largest shareholder of K-pop agency SM Entertainment, escalating its battle against BTS label HYBE.. Kakao and its subsidiary ...