Tag: Kakao

Retail Asia10/10/2019
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2min0
Korean mobile lifestyle platform company Kakao has associated with IMG to exclusively license its character brand Kakao Friends in Europe. Originating from South Korea’s leading messenger platform Kakao Talk, Kakao Friends’ characters have gained millions of fans with its charisma and unique personalities. As K-pop culture has become a global phenomenon, Kakao Friends decided to […]

Retail Asia04/01/2019
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3min0
Kakao Mobility is partnering with premium taxi provider Tago Solutions to improve customer service quality and drivers’ income levels. The move comes as tensions continue to boil over with much of the taxi industry fiercely protesting the company’s carpooling business. On Thursday, Kakao’s mobility subsidiary announced that it signed an MOU with Tago Solutions, a company […]

Retail Asia18/12/2018
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4min0
Kakao Mobility announced las week that it would postpone the official launch of its carpooling service after a week of fierce protests from the local taxi industry. The Kakao affiliate started offering a beta version of the service last Friday that was made available to a randomly selected pool of users nationwide. On the same […]

Retail Asia12/12/2018
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4min0
Kakao’s carpooling service was introduced Friday for beta testing and will be officially rolled out Dec. 17. The start of the service comes after months of battling fierce opposition from local taxi services. They staged a strike on Oct. 18, two days after the IT company started accepting applications from carpool drivers. With the beta […]

Retail Asia12/11/2018
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Kakao, the operator of Korea’s top mobile messenger, KakaoTalk, said Thursday its third-quarter operating profit fell 35 percent from last year due to increased costs from new businesses. Operating income reached 30.7 billion won ($27.3 million) in the July-September period from 47.4 billion won a year ago, the company said in a regulatory filing. Sales […]

Retail Asia25/10/2018
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4min0
Nine companies have agreed to develop apps for Kakao’s new Klaytn blockchain system. The public platform was developed by Ground X, Kakao’s blockchain subsidiary. It was offered on Oct. 8 on a test basis, or testnet. Kakao, Korea’s largest messenger app company, announced the introduction on Monday. The companies building the apps are from a wide […]

Retail Asia22/10/2018
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5min0
Kakao Mobility has opened recruitment for its carpool app, infuriating taxi drivers who are vehemently opposed to the move. According to the mobility company that operates taxi-hailing app Kakao T, recruiting drivers is one of the crucial steps in preparation for the launch of its carpool service. The hiring process opened on Tuesday with the […]

Retail Asia08/10/2018
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1min0
South Korean mobile messaging platform Kakao is spinning off its e-commerce unit for further expansion. The new organisation will be Kakao’s largest spin-off, worth about KRW510.3 billion (US$458.6 million) by December. It will take over the operation of the Kakao Gifts, Shopping, Kakao Style and Kakao Farmer services. Kakao has also made plans to acquire […]

Retail Asia26/06/2018
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1min0
Korea’s top mobile messenger Kakaotalk resumed normal services after experiencing disruptions around 5 p.m., its operator Kakao said Monday. Kakao said the messenger suffered problems for around an hour before being normalized at 5:48 p.m. It claimed there seems to have been some sort of error while the system was being updated. Earlier in the […]

Retail Asia22/03/2018
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1min0
Naver and Daum, Korea’s two largest search engines, will begin providing real-time cryptocurrency prices on their websites. Dunamu, an affiliate of Kakao which operates the cryptocurrency exchange Upbit, will run the service, the company said. Users can enter the name of a cryptocurrency in either search engine, and the current price will show up in […]

Retail Asia05/01/2018
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4min0
Kakao Friends is holding a second exhibition at the “Kakao Friends Concept Museum” in Hongdae, Seoul from 15 December 2017 to 27 May 2018. This exhibition is dedicated to the cultural icon Kakao Friends which represents modern times. Kakao Friends’ second exhibition project theme is ” Musée de KAKAO FRIENDS”, which is a parody of the space […]

Retail Asia29/10/2016
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2min0
Korean internet company Kakao, known for its chat app KakaoTalk, plans to jump into the food-delivery sector. The Kakao food-delivery service is planned for launch by January, and it is expected to be incorporated into the app, which has four menu buttons. One of them lists extra services such as sending gifts or making reservations. […]

Retail Asia17/02/2016
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3min0
Kakao, the Korean internet pioneer, has  selected ‘Hair Shop’ as its first O2O (online to offline) business in the beauty sector. Kakao plans to expand its O2O business by releasing new services  – relief drivers and the hair industry. According to industry analysts, Kakao is planning to launch ‘Kakao Hair Shop’ (working title) during the […]

Retail Asia30/11/2015
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5min
Two consortiums, led by South Korean Internet giant Kakao and No. 2 telecom operator KT, were approved to launch the nation’s first Internet-only banks next year, the banking authority said Sunday. Under the government’s pilot program, the two banks will offer financial services from deposits, lending and credit cards to foreign exchange transactions through their […]

Retail Asia13/10/2015
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2min
Burberry is the first British luxury brand to launch on Korea’s largest social platform, Kakao. Burberry and Kakao have formed a global partnership, which was inaugurated with the showcase of Burberry’s Womenswear Spring/Summer 2016 show last month. Burberry will be active across Kakao Talk, Kakao TV and Kakao Giftshop, offering Korean audiences direct access to […]


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