Kakao extends rivalry with Naver into digital healthcare

Kakao Corp., an operator of South Korea's top mobile messenger app KakaoTalk, has set its sights on the digital healthcare market, launching an in-h...

GS Retail invests $55 mn in Kakao Mobility to boost online presence

GS Retail Co. is investing 65 billion won ($55 million) in Kakao Mobility Corp., South Korea's No.1 taxi-hailing app, adding to its recent series of...

Kakao buys startup Grip, fueling e-commerce push

South Korea's Kakao Corp. has acquired a live streaming e-commerce app Grip Co. to beef up its online shopping business, considered the weakest spot...

KakaoTalk emoticon designers can earn more than average salaried worker

It has been 10 years since tech giant KakaoCorp. launched emoticon services within its namesake messenger app KakaoTalk. Today, there are some ...

KakaoPay chief tapped as co-CEO in Kakao management shakeup

Young-joon Ryu and Min-soo Yeo, slated as Kakao Corp. co-CEOs come March Korea’s largest mobile messenger provider Kakao Corp. is slated ...

Robots, AI replace human workers at Kia’s EV6 manufacturing factory

Kia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at its smart factory for the EV6, its firs...

Korean game makers shun IBs for M&A deals

“We know which companies to buy after playing the games a few times.”More and more South Korean game developers are pursuing mergers and...

Data Republic creates AI-based crypto investment solution

South Korean startup Data Republic is pioneering a smart way of investing for global cryptocurrency investors. Founded in 2018, the company has ra...

Kakao becomes Korea’s top platform firm, besting archrival Naver

Kakao Corp., best known for South Korea’s top mobile messenger app KakaoTalk, has become the country’s top platform company in terms of ...

Kakao Pay slips on profit-taking after strong KOSPI debut

Kakao Pay Corp. ’s stock tumbled after a strong debut on the South Korean main stock market as investors booked profits, keeping an eye on if ...

AI human developer MINDs Lab aims for November IPO

South Korea’s top artificial intelligence (AI) developer MINDs Lab Inc. is aiming to list on the Kosdaq market within this month. While the ...

Kakao Pay sets IPO price at top end on heated demand

Kakao Group’s payment services unit Kakao Pay Corp. set the initial public offering price at the top end of the proposed band thanks to strong...

Toss acquires Tada, taps into mobility market

South Korea-based mobile financial platform Toss, which has been expanding its operations across the financial sector, is set to foray into the mobi...

Digital transformation, a matter of life and death: Autodesk CEO

SILICON VALLEY – One of the things that have drastically changed the business environment in the pandemic era is the prevalence of companies t...

Portrai to revolutionize biopsy quality through AI technology

Biopsy is one of the most used methods to examine a person’s illness, taking a tissue sample of a patient for analysis. Usually, the samples a...

Kakao Mobility: Unravelling Korea’s astounding growth in mobility sector

It wouldn’t be an exaggeration to say that South Korea’s mobility sector has undergone a period of rebirth in 2015 when the country&rsqu...

Kakao Pay pushes back IPO to November despite tight schedule

Kakao Group’s payment services unit Kakao Pay Corp. has pushed back its IPO to November due to growing concerns regarding the impact of regula...

Kakao delays mobility unit IPO as parent comes under fire

Kakao Mobility Corp., South Korea’s largest taxi-hailing company, has indefinitely postponed its planned initial share sale, as its parent, Ka...

Kakao to strengthen overseas operations amid growing criticism

Kakao Corp. will accelerate its overseas expansion as part of its recently announced reform plan to strengthen fair business practices.Kakao said on...

Kakao says to shift toward co-existing business model

Kakao Corp. will be abandoning its growth model that has transformed once a mere mobile messenger operator into one of South Korea's largest busines...

Regulatory moves delay Kakao Group’s IPO plans

Toughening regulations on big tech firms in South Korea are impacting the IPO timeline of Kakao Pay Corp. and Kakao Mobility Corp. According to the ...

Antitrust body takes aim at Kakao's taxi-hailing app, Coupang

South Korea's antitrust body has launched an investigation into Kakao Mobility Corp. on allegations of discrimination against taxi drivers not subsc...

Kakao drops 10.1%, Naver falls 7.9% on potential big tech crackdown

South Korea may be following China’s lead in cracking down on big tech firms. The country’s two leading tech giants Naver Corp. and Kaka...

S.Korea kicks off AI strategy talks with Naver, Kakao, Samsung, telcos

South Korean government has hosted the first top-level artificial intelligence (AI) roundtable meeting with representatives from the country’s...

KT to commercialize hyperscale AI model by H1 2022

South Korea’s major mobile carrier KT Corp. and the AI One Team coalition announced plans last week to develop a hyperscale artificial intelli...

Interpark draws cool response from Korean online giants

South Korea’s online retail platform Interpark Corp. has failed to drum up interest from the country's largest online platforms, including Nav...

Kakao Pay cuts IPO price by 6% for October listing

Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., has slashed its initial publi...

Netmarble sells shares of Kakao units to raise $700 mn in August

South Korea’s Netmarble Corp. has earned 816.9 billion won ($703 million) so far in August alone by selling shares of KakaoBank Corp. and Kaka...

3i's AI technology creates digital twins using smartphone photos

Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thor...

AI edtech startup KidsLoop joins unicorn club

Artificial intelligence-based education is similar to self-driving cars, which select the optimal transportation routes for their drivers, according...