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Five of Kakao’s Daum Webtoon Titles to Appear on Chinese Screens through Partnership with Huace Group

Kakao today announced that it partnered with Huace Group, China’s number one comprehensive film and TV media group, to bring five of its popular Daum Webtoon titles to the screens in China. Kakao and Huace group…

317일 전
[Investors] The Global Unicorn Hunter: Goodwater Capital’s Eric Kim

For the past 14 years, Eric Kim has been racking up a lot of global airline miles. Though his day job is a venture capitalist, Eric joked, “if being an airline passenger were a sport, I…

332일 전
John Jung CBO of Kakao to Present at MWC 2016

Kakao Corp., the provider of mobile messaging platform Kakao Talk and Korea’s successful on-demand service Kakao Taxi, announced that its CBO John Jung will be presenting at the 25th of Feb at the Mobile World Congress 2016, taking place…

343일 전
Kakao to acquire stake in Loen entertainment in a US$1.6b deal

Kakao have announced the decision to acquire 76.4% shares in Loen Entertainment, a company that is known to have pioneered the digital music service market in Korea through Melon for US$1.6b (KRW 1.9t). Melon is the…

379일 전
Kakao needs a new revenue stream, plans to expand into delivery service

Kakao Corp. (KOSDAQ 035720) today reported third quarter financial results under Korean-IFRS. Kakao’s consolidated revenue for the quarter was KRW 229.6 billion with mobile businesses making up 56%. For the third quarter, Kakao focused on actively…

440일 전
Now Kakao delivers fresh oranges into your house

Kakao will launch a pilot program called Kakao Farmer to deliver mandarin oranges produced in Jeju Island todeliver it to consumers when it is in its most delicious state. The pilot operation that began Tuesday will…

440일 전
Kakao’s K Group Ventures acquires beauty solution provider Hasys

K Venture Group, a specialist investment branch of Kakao has acquired a majority (51%) stake in top beauty solution company ‘Hasys’.  Hasys is the developer and service provider of client management solutions for salons, facial salons,…

469일 전
3 reasons to attend beGLOBAL San Francisco 2015

Since beginning in 2012 as beLAUNCH, beGLOBAL has grown and successfully concluded the 7 startup conferences in Korea and U.S. On the 15th October, the event’s U.S. annual event will be hosted at the ‘The Village’ in San Francisco.  In the ecosystem of startups, beGLOBAL San…

470일 전
Korea Rising ( Part I: Series Chronicling the Rise of Korean Startups )

Editor’s note: Senior Director Corporate Development at Baedal Minjok I. There is no greater time to be in Korea than now. Yes, that’s coming from a Korean American that has lived his entire life in the…

474일 전
beGLOBAL SF 2015, a Networking Ground for Silicon Valley Investors and Asia Startups

Since beginning in 2012 as beLAUNCH, beGLOBAL has grown and successfully concluded the seventh startup conference beGLOBAL in both Korea and the U.S. To date, the event has been attended by 15,000 people from over 25 countries….

478일 전
Daum Kakao invests into Korean fintech startup Dunamu for mobile stock services

On the 15th September, Daum Kakao revealed an investment of  US$2.5m(KRW 3b) into Dunamu which provides a mobile social portfolio investment service. The deal includes a strategic business agreement between the two companied to jointly provide a…

498일 전
RedTable a data analysis company for restaurants, secures investments worth US$930k

RedTable is a Korean startup providing data analysis services for restaurants.  It was first established by a group of masters and doctorates from the Sae Jong University, Department of Hotel and Tourism.  Recently RedTable secured investments to…

558일 전
5 Myths About Asian Startups – The Importance Of A Global Perspective

[This article was originally published on Forbes] I was in Asia last week to attend a Demo Day for startups that participated in a two month acceleration program through DEV Korea where I serve as a…

768일 전
KakaoTalk Answers User Concerns Over Privacy, Adds ‘Secret Chat’ Function

Perhaps in response to user concerns around privacy, Daum Kakao has just introduced ‘Secret Chat’ mode and ‘Decline Invites’ features for their KakaoTalk messenger, adding a higher level of privacy to the service. The new features…

778일 전
DaumKakao Launches Korea’s First Mobile Money Transfer Service

Daum Kakao has finally launched its mobile money service, BankWalletKakao, a service allows users to spend up to $450 per day and transfer up to $90 per day. A number of other major players are likely…

803일 전
Korean Game Designer Raises Over $100 Million Investment From LINE – Tencent Consortium

4:33 Creative Lab, a top Korean mobile game designer, has joined hands with two of the world’s largest mobile messengers, Tencent and Line Corp. The enormous investment of 1,300 billion won (around $100 million USD) will…

804일 전
Softbank Ventures Assesses The Korean Startup Ecosystem

Softbank Ventures Korea is one of the most established and successful Venture Capital companies in Korea. Outstanding successes include Sundaytoz and Sunnyloft (acquired by Kakao), and there are dozens of other portfolio companies that are rising…

823일 전
Three Updates on Korea’s Messaging Privacy War, Kakao Tells Government “No”

KakaoTalk Confirms They Will NOT Comply with Government Wiretapping Warrants A cyber censorship battle is being waged between the private and public sectors. Daum Kakao CEO Sirgoo Lee in particular has been embroiled in the controversy over…

827일 전
Seven Curated Stories From The Korean Tech Industry This Week

  Samsung Ties Up With SK To Develop 5G   South Korea’s top mobile carrier, SK Telecom, said they are partnering with Samsung to develop the 5G industry, seeking early advancement in one of the highly watched…

828일 전
Weekly Korean Tech Round-up – 7 News Items That Caught Our Eye

Kakao Talk Promises that encrypted messeging will be available this year Daum Kakao, the operator of South Korea’s most popular mobile messenger Kakao Talk, said it plans to adopt a “privacy mode” in an apparent bid…

835일 전

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