In January, the Personal Information Protection Commission imposed a fine of 5.9 billion won on the Kakao subsidiary. The commission’s fine factored in Kakao Pay’s business revenue.

Kakao is focusing on its core services, KakaoTalk and artificial intelligence (AI), while reorganizing its non-core businesses. As of May 2023, the number of affiliates decreased from 147 to 116.

Kakao Games sees this title as a likely substantial source of income, leveraging on its free-to-play model. Path of Exile 2 could indeed have the capacity to provide a steady revenue stream to the ...

A spokesperson for South Korean IT conglomerate Kakao told AFP it would on Tuesday announce its "collaboration with OpenAI" but did not confirm whether Altman would be there.

Kakao Games has penned a global publishing agreement with developer Lionheart Studio for a new triple-A MMORPG codenamed Project Q. The upcoming game will launch for mobile and PC next year and is set ...

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.

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 ...

On March 6, Kakeo and Kakao Entertainment followed with a tender offer of 150,000 won ($115.46) per share — 25% above HYBE’s tender offer price — and ended up acquiring an additional 25% ...

Kakao Mobility, which holds more than 90% market share of South Korea's taxi-hailing market, said late Wednesday it would hold an emergency meeting with taxi drivers to reform the fee system.

(Bloomberg) -- South Korean authorities arrested a senior Kakao Corp. executive for alleged stock price manipulation connected to a high-profile bidding war over K-pop agency SM Entertainment Co ...