We have talked a lot recently about the mounting rivalry between Korea’s two major messaging services, Line and Kakao talk. But recent developments demonstrate that this rivalry still allows for pragmatism when it comes to strategic business decisions.

We mentioned in an earlier article regarding the acquisitions Daum and Kakao are making. Recently, the two Korean giants have acquired Dialoid and Sunnysoft respectively. Read more here.

beSUCCESS covers weekly news in Korea, 18 Feb.

Daum communications and Kakao will be making a series of startups acquisitions. This is to increase their competitive edge in terms of mobile services. The two Korean giants have acquired Dialoid and Sunnyloft respectively. What are the implications for startups and the startup ecosystem?