Kakao

South Korea's entertainment- and food-focused CJ Group has emerged as a darkhorse to buy a controlling stake worth about 300 billion won ($260 milli...

South Korea’s GS Group has invested 30 billion won ($26 million) in Kakao Mobility Corp. to fast forward its energy unit’s transition to...

Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., is delaying its planned initial...

Kakao Corp.’s blockchain arm Ground X was selected as a simulator for the Bank of Korea-led central bank digital currency (CBDC) project, beat...

South Korea’s financial regulator Financial Supervisory Service (FSS) on July 16 requested correction of Kakao Pay’s IPO registration st...

The fierce competition over webtoons between Naver Corp. and Kakao Corp. enters another round as the two South Korean platform giants join forces wi...

LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, is investing 100 billion won ($88 million) in Kakao Mobil...

South Korea-based Kakao Pay Corp. is set to make a trading debut on the country's main bourse next month -- just a week after its sister company Kak...

South Korea's initial public offering market in July is expected to see its largest-ever amount of share issues for a single month, worth over 8 tri...

KakaoBank Corp., the mobile banking unit of online messaging app giant Kakao Corp., is looking to raise as much as 2.55 trillion won ($2.26 billion)...

Kakao Corp. is now the third most valuable company in Korea, after Samsung Electronics Co. and SK Hynix Inc.Kakao’s market cap on June 15 surp...

The global webtoon battleground between South Korea's leading platforms Naver Corp. and Kakao Corp. has expanded into Southeast Asia with each compa...

Naver Corp.’s Japan-based messaging app affiliate Line Corp. is rapidly expanding its digital banking business in Asian countries outside Kore...

Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...

Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss ...

The National Pension Service has committed $100 million to a TPG consortium that recently raised $116.8 million to invest in Kakao Mobility Co., Sou...

South Korea’s mobile platform Kakao Corp. is set to shake up the country's e-commerce market in the second half of the year with the launch of...

South Korean mobile platform giant Kakao Corp.’s enterprise value is rising backed by its strong business performance, threatening to overtake...

As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...

Platform operators targeting global K-pop fans are mired in fierce competition as companies team up to vie for the lead in the fan community platfor...

Kakao Corp. is entering the over-the-top (OTT) streaming market. According to investment banking sources on May 27, Kakao’s entertainment and ...

Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) inve...

Kakao Corp.’s Japanese unit is set to secure 600 billion won ($530 million) from South Korea-based private equity firm Anchor Equity Partners....

South Korea's two online giants Naver Corp. and Kakao Corp. have completed their respective acquisitions of storytelling platforms in the US and Can...

Kakao Pay Corp., aiming to list on South Korea's main stock exchange this year, has valued itself at as much as 16 trillion won ($14.4 billion), or ...

Kakao Pay Corp., a unit of South Korea's largest mobile messaging app Kakao Corp., submitted an application for its initial public offering with the...

Kakao Bank, South Korea's No.1 mobile banking app., has kicked off the process to go public by applying for a preliminary review of its stock market...

Naver Corp. and Kakao Corp., South Korea's two online giants, are competing to acquire Munpia Inc., their smaller domestic rival in the web novel ma...

Kakao Entertainment Corp. is working to make a trading debut on the domestic bourse in the latter part of this year or in 2022 at the latest. And th...

Kakao Corp., South Korea's top mobile messaging app operator, is set to acquire a majority stake in Zigzag, a domestic online fashion platform targe...