kakao mobility laos
Scope
Date
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Corporate rebrand
Kia drops Motors from name, unveils roadmap for new EV models
Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...
Jan 15, 2021 (Gmt+09:00)
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ESG bonds
Hyundai, Kia to raise $921 mn in green bonds for future mobility
Hyundai Motor Co. and Kia Motors Corp. plan to issue green bonds worth a combined 1 trillion won ($912 million) as they gear up to raise money for...
Jan 11, 2021 (Gmt+09:00)
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Future mobility
IMM PE, Affirma Capital shortlisted for T Map Mobility's $275 mn fundraising
Competition is heating up among domestic and foreign private equity firms hoping to invest in T Map Mobility Co., a mobility spin-off of South Korea...
Jan 08, 2021 (Gmt+09:00)
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Artificial intelligence
Kakao Enterprise exceeds $920 mn in enterprise value
South Korea-based Kakao Enterprise has topped 1 trillion won ($921.5 million) in enterprise value, just a year after its inception in 2019, follow...
Jan 06, 2021 (Gmt+09:00)
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Kakao, NCSoft likely to lead record-breaking earnings in 2021
South Korea’s mobile platform giant Kakao Corp. and game developer NCSoft Corp. are looking to post their best-ever earnings for a second stra...
Jan 03, 2021 (Gmt+09:00)
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Rights offerings
Kakao Bank wraps up $921 mn rights offering
South Korea's mobile-only bank has wrapped up its $920.5 million rights offering, placing the enterprise value at around 9.3 trillion won ($8.6 ...
Dec 30, 2020 (Gmt+09:00)
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Korean games
Kakao Games injects $173mn into S.Korean game company
Kakao Games Corp. has injected around 190 billion won ($173 million) into South Korean game company Neptune Corp., pouring in nearly half the proc...
Dec 18, 2020 (Gmt+09:00)
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Executive reshuffles
Hyundai Motor Chairman's inner circle promoted to key leadership
Hyundai Motor Group has carried out a massive reshuffling among its key affiliates, with members of Chairman Chung Euisun's inner circle promoted ...
Dec 16, 2020 (Gmt+09:00)
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Future mobility
Hyundai mulls downsizing skyscraper for future mobility
Hyundai Motor Co. is at a crossroads over the construction of its $3.4 billion global business center, deliberating on whether to downsize the 105-s...
Dec 06, 2020 (Gmt+09:00)
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Mergers & Acquisitions
Kakao Page to merge with Kakao M ahead of 2021 IPO
South Korea's largest mobile app operator Kakao Corp. is working to merge its content platform affiliates, a strategic move that should boost the en...
Dec 03, 2020 (Gmt+09:00)
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Joint Ventures
Kakao, Tencent join forces to tackle Chinese market
South Korea’s leading platform giant Kakao Corp. has joined hands with China’s tech giant Tencent Holdings Ltd. to tap into the Chinese ...
Dec 01, 2020 (Gmt+09:00)
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Webtoons
Naver, Kakao wrestle for crown in webtoon market
South Korea’s leading webtoon (digital comics) platforms are wrestling to secure the No. 1 position in the global market as they work to tak...
Nov 30, 2020 (Gmt+09:00)
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Tech, Media & Telecom
Naver, Kakao unsettled by Google's in-app payment policy
Global tech giant Google’s in-app payment policy has been coolly received by South Korea’s leading platform companies, fueling criticism...
Nov 25, 2020 (Gmt+09:00)
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Future mobility
Kakao, Google in talks over mobility partnerships
Kakao Mobility Corp., the transportation arm of South Korea's No. 1 messaging operator Kakao Corp., is in talks with global IT giant Google over pot...
Nov 22, 2020 (Gmt+09:00)
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Future mobility
SK Telecom seeks $271 mn for mobility spin-off
South Korea’s largest mobile carrier SK Telecom Co. is looking to raise up to 300 billion won ($271 million) ahead of rolling out its new mobi...
Nov 17, 2020 (Gmt+09:00)
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Pre-IPOs
Anchor Equity, TPG invest $500 mn in Korean mobile banking app
Hong Kong-based Anchor Equity Partners has agreed to invest 250 billion won ($226 million) to buy new shares in South Korea’s KakaoBank, shortly...
Nov 17, 2020 (Gmt+09:00)
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Webtoons
Kakao webtoon platform Piccoma becomes No.1 grossing app worldwide
Kakao Corp., South Korea's platform giant, announced on Nov. 9 that its webtoon (digital comics) platform Piccoma has become the No. 1 grossing mobile...
Nov 09, 2020 (Gmt+09:00)
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Earnings
Kakao’s Q3 sales, operating profit soar on e-commerce, online ad gains
South Korea’s mobile platform giant Kakao Corp. said Thursday its operating profit and sales jumped to their all-time highs in the third quarter...
Nov 05, 2020 (Gmt+09:00)
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Korean chipmakers
Samsung to supply mobile chips to Xiaomi, Oppo; to rank 3rd in AP market
Samsung Electronics Co. is expected to supply its Exynos mobile processor chips to China’s two leading handset makers, Xiaomi and Oppo, next yea...
Nov 02, 2020 (Gmt+09:00)
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Samsung Group
How the Lee Kun-hee mobile phone became a blockbuster
This is the third in a four-part series that will delve into Chairman Lee Kun-hee’s New Management initiative that charted Samsung's course in b...
Oct 28, 2020 (Gmt+09:00)
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Pre-IPOs
TPG to invest $222 mn in mobile banking app KakaoBank
TPG will acquire a 2.7% stake in South Korea’s mobile banking app KakaoBank for 250 billion won ($222 million) ahead of an initial public offeri...
Oct 27, 2020 (Gmt+09:00)
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Lee Kun-hee's legacy
Why Lee set fire to over 150,000 mobile phones
This is the first of a four-part series that will delve into Chairman Lee Kun-hee’s New Management initiative that charted Samsung's course to b...
Oct 26, 2020 (Gmt+09:00)
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Bond issues
Kakao's exchangeable bond issue lures global investors
South Korea’s mobile platform giant Kakao Corp. is raising the price of shares to be converted from its exchangeable bond issue in Singapore on ...
Oct 22, 2020 (Gmt+09:00)
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Future mobility
SK Telecom to spin off mobility unit, launch JV with Uber
SK Telecom Co. is spinning off its mobility platform business as a separate entity and also launching a joint venture with US ride-hailing company Ube...
Oct 16, 2020 (Gmt+09:00)
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Leadership change
New Hyundai Motor Chairman Chung Euisun sets sights on future mobility
Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...
Oct 14, 2020 (Gmt+09:00)
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Mobile games
Korean mobile game developer buys out German rival
South Korean mobile game developer Com2uS Corp. has acquired a German gaming rival in its first cross-over buyout, in a move to bolster its sports gam...
Oct 12, 2020 (Gmt+09:00)
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Samsung Electronics
Samsung beats TSMC to win new Qualcomm order to make mobile chips
Samsung Electronics Co. has clinched a deal with Qualcomm Technologies Inc. to manufacture 5G-capable mobile application processors designed for mid-r...
Oct 06, 2020 (Gmt+09:00)
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IPOs
Kakao Pay set to be Korea's first mobile-payment fintech to go public
Kakao Pay Corp. is set to become South Korea’s first mobile-payment fintech company to go public as the company kicks off preparations for an in...
Sep 28, 2020 (Gmt+09:00)
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Automobiles
Hyundai Motor hires two AI experts to strengthen foothold in future mobility
Hyundai Motor Group has hired two artificial intelligence experts as the company aims to secure its position in the future mobility sector, including ...
Sep 24, 2020 (Gmt+09:00)
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IPOs
Korea’s mobile banking app KakaoBank to push for 2021 IPO
KakaoBank Corp., the mobile banking arm of South Korea’s online messaging app operator Kakao Corp., is planning an initial public offering next ...
Sep 23, 2020 (Gmt+09:00)
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