Kakao digital wallet
Scope
Date
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Korean Investors
Toss Securities names Richard Hagen as CEO of TSAF
South Korea's Toss Securities said on Tuesday that it has appointed Richard J. Hagen as CEO of its US subsidiary, TSA Financial LLC (TSAF), and plan...
Nov 12, 2024 (Gmt+09:00)
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Banking & Finance
KakaoBank, SCBX to open internet bank in Thailand
South Korea's KakaoBank Corp. said on Sunday it partnered with Thailand’s financial giant SCBX to establish a local virtual bank. ...
Nov 04, 2024 (Gmt+09:00)
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Future mobility
Kakao Mobility to launch outdoor robot delivery
Kakao Mobility Corp., South Korea’s largest taxi-hailing app operator, said on Monday that it signed a business agreement with Robotis, a comp...
Oct 28, 2024 (Gmt+09:00)
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Logistics
Samsung SDS, Korea Air Force to cooperate on military logistics
South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...
Oct 24, 2024 (Gmt+09:00)
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Webtoons
Instagram poised to crack Korean webcomics market
Big tech has begun its encroachment on the South Korean webcomics market, largely dominated by local players over the past two decades, fanning fear...
Oct 23, 2024 (Gmt+09:00)
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Artificial intelligence
Kakao to launch AI messenger service Kanana in H1 2025
South Korea’s platform giant Kakao Corp. will roll out Kanana, a conversational AI agent-integrated messenger app, in the first half of next y...
Oct 22, 2024 (Gmt+09:00)
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Future mobility
Kakao Mobility, Samsung C&T to co-work on robot, parking solutions
Kakao Mobility Corp., South Korea’s largest taxi-hailing app operator, announced on Friday that it signed a business agreement with Samsung C&...
Oct 18, 2024 (Gmt+09:00)
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Travel & Leisure
Naver to upgrade Korean map service for foreigners
South Korean online giant Naver Corp. is set to upgrade its digital map service for foreigners to attract more global users as the domestic market g...
Oct 02, 2024 (Gmt+09:00)
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Regulations
FTC fines Kakao Mobility $55 mn for alleged unfair taxi-hailing service
South Korea’s antitrust body has fined Kakao Mobility Corp., the country’s largest taxi-hailing app operator, 72.4 billion won ($54.9 mi...
Oct 02, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy to become 1st paperless drawing shipyard
Samsung Heavy Industries Co. said on Monday it will adopt three-dimensional (3D) digital drawings for its entire ship design and construction proces...
Sep 30, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Influencers wield greater marketing power in S.Korea
Merch reliance on digital content creators for marketing is on the rise in South Korea, allowing some influencers to enjoy handsome earnings from em...
Sep 25, 2024 (Gmt+09:00)
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Automobiles
Chabot Mobility raises $900,000 in Series C round
South Korea's automotive management platform startup Chabot Mobility said on Wednesday that it raised 1.2 billion won ($900,000) in a Series C inv...
Sep 25, 2024 (Gmt+09:00)
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Bio & Pharma
Osstem Implant to boost digital dentistry business
South Korea's Osstem Implant Co., the world’s fourth-largest dental implant maker, will enhance its software system of digital dentistry. ...
Sep 24, 2024 (Gmt+09:00)
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Electronics
LG Elec, Ricoh to team up for B2B DX business
LG Electronics Inc. said on Thursday that it signed a memorandum of understanding (MOU) with global office solutions company Ricoh to discover servi...
Sep 19, 2024 (Gmt+09:00)
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Artificial intelligence
OpenResearch gets $7.5 mn seed round
OpenResearch, an AI search service founded by former Kakao Brain CEO Kim Il-Doo, said on Thursday that it got a seed round 10 billion won ($7.5 mill...
Sep 12, 2024 (Gmt+09:00)
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Artificial intelligence
Naver joins hands with Saudi Arabia to develop Arabic LLM
Naver Corp., South Korea’s largest online platform, has signed a memorandum of understanding with the Saudi Data & AI Authority (SDAIA) to...
Sep 12, 2024 (Gmt+09:00)
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Construction
HD Hyundai affiliates participate in Mining Indonesia 2024
South Korea's HD Hyundai Construction Equipment Co. and HD Hyundai Infracore Co. announced on Wednesday that they participated in Mining Indonesia 2...
Sep 11, 2024 (Gmt+09:00)
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Robotics
Hoban partners with Kakao, Bear Robotics for robot-based services
Hoban Construction Ltd. announced on Friday that it has signed a business agreement (MOU) with Kakao Mobility and Bear Robotics to standardize the o...
Sep 06, 2024 (Gmt+09:00)
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Banking & Finance
Hana Financial, SK Telecom buy shares in BitGo
Hana Financial Group and SK Telecom Co. acquired shares in BitGo Korea, the Korean unit of a global digital asset trust company, and decided to esta...
Sep 03, 2024 (Gmt+09:00)
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Energy
Kakao Pay to run Pangyo office with renewable energy
South Korea’s Kakao Pay Corp. said on Monday that it signed a green premium purchase agreement with Korea Electric Power Corp. (KEPCO), the So...
Aug 26, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Kakao to merge dk techin and Kakao Brain
South Korea's Kakao Corp. said on August 23 that its mobile solution development subsidiary dK Techin Corp. will merge with its AI technology affili...
Aug 26, 2024 (Gmt+09:00)
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Korean startups
Enormous market ahead for Hopae, S.Korean DID pioneer
To Hopae Inc., a digital identity solution-developing startup native to South Korea, its home market is small. After successfully accommodating more...
Aug 22, 2024 (Gmt+09:00)
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Future mobility
Kakao Mobility introduces robot delivery at Resom Resort
South Korea's Kakao Mobility announced on Wednesday that it partnered with Hoban Hotels & Resorts to operate the robot delivery service Bring at...
Aug 21, 2024 (Gmt+09:00)
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Tech, Media & Telecom
RaonSecure wins order for Indonesia's digital ID project
South Korean cybersecurity firm RaonSecure Co. announced on Tuesday that it secured a project for Indonesia's integrated digital identity (ID) servi...
Aug 13, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SkyLake offers to fully take over BusinessOn; stock rallies
Seoul-based private equity firm SkyLake Equity Partners has offered to buy the remaining shares of BusinessOn Communication Co., South Korea’s...
Aug 12, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Kakao to launch conversational AI platform for B2C commerce
South Korean mobile platform giant Kakao Corp. said on Thursday that it will accelerate its artificial intelligence push by launching a conversation...
Aug 08, 2024 (Gmt+09:00)
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Artificial intelligence
Hyundai Elevator joins forces with Kakao Mobility for integration services
South Korea's Hyundai Elevator Co. said on Thursday that it has signed a memorandum of understanding (MOU) with Kakao Mobility Corp. to commercializ...
Aug 08, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Innotek, Ansys forge digital twin technology partnership
South Korea's LG Innotek said on Thursday that it would expand the use of digital twin technology across its operations, partnering with engineering...
Aug 08, 2024 (Gmt+09:00)
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Companies
Kakao Games reports sharp drop in Q2 operating profit
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., reported a sharp decline in second-quarter earnings on Wednesday d...
Aug 07, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MezzoMedia acquires digital ad agency DBASE&
MezzoMedia, a digital marketing solutions company under South Korea's entertainment company CJ ENM Co., announced on Thursday that it acquired the d...
Aug 01, 2024 (Gmt+09:00)
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