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Kakao Corp

  • Wednesday, 7 August, 2024
    Tech tycoon’s arrest dents South Korea’s fintech and AI ambitions

    Case of Kakao founder Kim Beom-su shines light on dysfunctional relationship between business, politics and law enforcement

    Montage featuring Kim Beom-su, Kakao’s logo and and the Kakao app on a smartphone screen
  • Tuesday, 23 July, 2024
    Billionaire founder of Kakao arrested in K-pop stock manipulation case

    South Korean internet company’s chief in custody over bidding battle with agency behind boy band BTS

    Brian Kim outside the Seoul Southern District Court
  • Wednesday, 17 July, 2024
    South Korean business & finance
    Prosecutors push for arrest of tech billionaire at centre of K-pop bidding battle

    Move to detain Kakao founder Brian Kim follows regulator’s vow to crack down on insider trading

    Members of K-pop boy band BTS dancing across a stage
  • Thursday, 19 October, 2023
    South Korean business & finance
    Tech executive arrested over share purchases in K-pop bidding war

    Kakao’s chief investment officer accused of stock price manipulation during battle to acquire SM Entertainment

    Members of South Korean K-pop group Aespa
  • Wednesday, 19 October, 2022
    Kakao’s co-chief resigns over messenger app service outage

    South Korea’s presidential office says blackout a matter of ‘national security’

    Namkoong Whon
  • Wednesday, 3 November, 2021
    South Korea’s biggest mobile payment app shares double on IPO

    Kakao Pay lists two months later than planned amid regulatory concerns about frothy valuations

  • Monday, 9 August, 2021
    LexSouth Korean business & finance
    Kakaobank: foreigners rush in where locals fear to tread Premium content

    The Korean digital lender is profitable — but there is reason to be wary

  • Friday, 6 August, 2021
    South Korean business & finance
    KakaoBank becomes South Korea’s largest retail lender as shares surge

    Glittering debut for online-only bank raises concerns over valuations in sector

    An employee arranges a toy featuring Ryan, a character from the messaging application KakaoTalk
  • Tuesday, 8 September, 2020
    South Korean business & finance
    South Korean retail investors scramble for a piece of Kakao Games IPO

    Debut attracts orders of about 1,500 times shares on offer in what one fund manager called ‘herd behaviour’

    Kakao Games launched the online game ‘Path of Exile’ in South Korea last year
  • Monday, 1 April, 2019
    LexGames industry
    Nexon/Tencent/Bain: no stroll in the park Premium content

    The price of acquiring NXC’s video gaming business could reach as high as $14bn

    Nexon Game Card...Nexon Game Cards is shown on display with other game cards at Best Buy in Mountain View, Calif., Wednesday, Aug. 20, 2008. (AP Photo/Paul Sakuma)
  • Wednesday, 30 January, 2019
    Tencent Holdings Ltd
    Kakao says it is ‘reviewing’ bid for Korean game group Nexon

    Concern in Korea grows over possible rival bid from China’s Tencent

    Nexon Game Card...Nexon Game Cards is shown on display with other game cards at Best Buy in Mountain View, Calif., Wednesday, Aug. 20, 2008. (AP Photo/Paul Sakuma)
  • Thursday, 20 December, 2018
    Korean taxi drivers strike over launch of ride-sharing service

    Messenger company Kakao postpones debut to January 1 in face of stiff resistance

    FILE PHOTO: A taxi driver takes part in a protest against a carpool service application that will be launched by Kakao Corp later this year, in central Seoul, South Korea, October 18, 2018. The banners read, "Stop carpool service application, it is illegal business". To match Insight SOUTHKOREA-STARTUPS/ REUTERS/Kim Hong-Ji/File Photo
  • Friday, 19 January, 2018
    LexAlan Livsey
    Best of Lex: your weekly round-up

    Carillion, Apple, Kakao, Walmart, Disney, CBS/Viacom, UBM/Informa, Bill Ackman/Pershing

  • Thursday, 18 January, 2018
    LexSocial Media
    Kakao Corp: up like a rocket Premium content

    Expanding into other markets or acquiring more content will be expensive

    A logo for Kakao Corp.’s Kakao talk messaging app is displayed on an Apple Inc. iPhone 5 in this arranged photograph taken in Seoul, South Korea, on Saturday, Dec. 28, 2013. Photographer: SeongJoon Cho/Bloomberg
  • Thursday, 18 January, 2018
    Asia-Pacific equities
    South Korea’s Kakao raises $1bn for overseas AI investments

    Messaging app boosts war chest by $1bn in country’s biggest GDR sale for a decade

    General Images Of Kakao Corp. Messaging App KakaoTalk As Company Looks To Expand In Southeast Asia...The app icon for KakaoTalk, a messaging app developed by Kakao Corp., top left, is displayed on a Samsung Electronics Co. Galaxy S4 smartphone in this arranged photograph taken in Seoul, South Korea, on Monday, Dec. 30, 2013. Kakao is South Korea's biggest mobile messenger operator. Photographer: SeongJoon Cho/Bloomberg
  • Thursday, 18 January, 2018
    Mergers & Acquisitions
    S Korea’s Kakao raises $1bn through GDR sale
  • Wednesday, 9 August, 2017
    US trade
    Fast Asia Open: Japan PPI, Philippines rates decision
  • Sunday, 28 August, 2016
    Technology sector
    South Korea gaming groups struggle to fend off China

    Once dominant producer fails to produce any big hits for mobile platforms

    SOKCHO, SOUTH KOREA - JULY 15:  (SOUTH KOREA OUT) Barbie Lim (L) and Lee Jeong-hwan (C), broadcasting jockeys for Pokemon Go Korea Facebook page, look at one users mobile phone as they broadcast live on July 15, 2016 in Sokcho, South Korea. South Korea is not one of the initial Pokemon Go released countries, nor is the game likely to be released officially any time soon as the South Korean government does not allow Google to use its map; however, South Korean game enthusiasts are now visiting a handful of loophole areas in the north eastern side of the country near the border of North Korea to join the global frenzy of Pokemon Go.  (Photo by Jean Chung/Getty Images)
  • Sunday, 27 December, 2015
    InterviewThe Monday Interview
    Kim Beom-su, Kakao: Life of Brian

    English nicknames for all — just one way in which the tech billionaire flouts South Korean norms

    SEONGNAM, SOUTH KOREA, DEC. 02: Brian Kim, chairman of Kakao Corp. poses after the interview with FT in Seongnam Si, South Korea on December 2, 2015. Photographer: PENTA PRESS FOR FT
  • Tuesday, 17 November, 2015
    Technology sector
    Freedom fears as South Korea targets chat app chief

    Child porn laws invoked to charge Kakao boss for failing to stop teenagers sharing lewd images

    Sirgoo Lee, co-chief executive officer of Kakao Corp., speaks during a session at the New Economy Summit in Tokyo, Japan, on Thursday, April 10, 2014. The conference, hosted by the Japan Association of New Economy, ends today. Photographer: Tomohiro Ohsumi/Bloomberg *** Local Caption *** Sirgoo Lee
  • Friday, 29 May, 2015
    US & Canadian companies
    Daum Kakao revives Southeast Asia push with Path app acquisition

    Deal aimed at giving South Korea chat app operator a strong presence in Indonesia

    The app icon for KakaoTalk, a messaging app developed by Kakao Corp., left, is displayed on an Apple Inc. iPhone 5 in this arranged photograph taken in Seoul, South Korea, on Monday, Dec. 30, 2013. Kakao is South Korea's biggest mobile messenger operator. Photographer: SeongJoon Cho/Bloomberg
  • Thursday, 16 October, 2014
    South Korea Economy
    Koreans lose faith in homegrown chat apps

    Users defect to foreign services amid fears of state cyber snooping

    General Images Of Kakao Corp. Messaging App KakaoTalk As Company Looks To Expand In Southeast Asia...The app icon for KakaoTalk, a messaging app developed by Kakao Corp., top left, is displayed on a Samsung Electronics Co. Galaxy S4 smartphone in this arranged photograph taken in Seoul, South Korea, on Monday, Dec. 30, 2013. Kakao is South Korea's biggest mobile messenger operator.
  • Thursday, 31 July, 2014
    Social Media
    Naver numbers disappoint amid Line IPO talk
    A man uses a smartphone displaying the logo of Line Corp., controlled by Naver Corp., in this arranged photograph in Tokyo, Japan, on Friday, July 18, 2014. Line, operator of Japan's most popular mobile messaging service, filed confidentially for an initial offering in the U.S., people with knowledge of the matter said, taking a step closer to a dual-listing in New York and Tokyo. Photographer: Tomohiro Ohsumi/Bloombergg
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