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Kakao names Shina Chung, previously its VC lead, as new CEO amid ongoing crisis
TechCrunch· 6 months agoShina Chung, who had been running the company's venture arm, is moving to the top role at the...
Kakao Mobility picks up 'super app' startup Splyt, once backed by SoftBank and Grab
TechCrunch· 1 year agoKakao Mobility, the ride-hailing subsidiary of South Korean messaging and internet giant Kakao, has...
Kakao ups its game in generative AI with Karlo 2.0, an AI image generator
TechCrunch· 11 months agoKakao's AI division Kakao Brain's launch of Karlo 2.0 -- an AI-powered tool that can produce images...
Kakao Offers to Buy 35% of K-Pop Label SM to Fend Off Rival Hybe
Bloomberg via Yahoo Finance· 1 year ago(Bloomberg) -- Kakao Corp., South Korea’s internet giant, launched a tender offer to become the...
Kakao co-CEO resigns, company to invest over $300M to build data center after mass outage
TechCrunch· 2 years agoWhon Namkoong, the co-chief executive of Kakao, has resigned in a remarkable demonstration of...
Kakao Makes $1 Billion Offer in Battle for K-Pop’s SM Entertainment
Variety via Yahoo News· 1 year agoKorean entertainment-tech giant Kakao has launched an offer worth close to $1 billion to buy up one...
Kakao Co-CEO Resigns After Outage That Hit Millions Caused Chaos
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Kakao Corp.’s co-Chief Executive Officer Whon Namkoong resigned after a widespread...
Kakao shares slump as outage sparks calls for antitrust scrutiny
Reuters via Yahoo Finance· 2 years agoShares of South Korea's Kakao Corp plunged on Monday after a widespread outage in the country's...
Kakao Investigates Financials at K-Pop Label SM After Deal
Bloomberg via Yahoo Finance· 4 months ago(Bloomberg) -- South Korea’s Kakao Corp. is investigating the financial practices of SM...
Kakao Entertainment lands $966M from sovereign wealth funds, including Saudi Arabia's PIF
TechCrunch· 1 year agoKakao Entertainment announced today it has raised $966 million (1.2 trillion won) in financing from...