kakaotalk
Kakao Q2 net profit plunges 89.5%, misses estimates
For the April to June period, operating profit rose 49% year on year to 277 billion won (US$194 million).
Naomi Li Gan · · 1 min read
Kakao partners with OpenAI to integrate AI into messaging
The focus will be on developing joint products and applying OpenAI’s technology across Kakao’s platforms.
Grace Priscilla Teo · · 1 min read
Kakao co-CEO steps down after fire takes services offline
Besides KakaoTalk, the accident also affected its ride-hailing, restaurant payments, news services, and game apps, a Reuters report noted.
Miguel Cordon · · 1 min read
WhatsApp could be incubating the region’s next billion-dollar startup
With WeChat spurring the success of companies like Pinduoduo, WhatsApp is now expanding its toolkit to do the same for businesses.
Melissa Goh · · 9 min readInside Jack Ma’s playbook for Ant Financial’s global expansion
Alibaba founder Jack Ma is on a new mission with his spin-off company, Ant Financial. Here’s his strategy to shake up fintech around the world.
Steven Millward · · 6 min readJack Ma’s Ant Financial pushes into Korea with $200m investment
The Chinese company’s deal sees it take a stake in KakaoTalk’s soon-to-launch online finance and payments subsidiary.
Steven Millward · · 2 min readIt’s time for messaging apps to form the ‘anti-Facebook alliance’
Here’s why the world’s top messaging apps need to form an anti-Facebook federation to stand a chance of ending Mark Zuckerberg’s social media empire.
Steven Millward · · 3 min readBitcoin startup Satoshi Citadel gets funding from Kakao’s investment arm
Kakao is looking at synergies with the Bitcoin company.
Jum Balea · · 2 min readEveryone you need to know in South Korea’s startup scene
It takes a village to raise a child, and an ecosystem to foster startups. Here are the campuses, investors, and mentors that are making it happen in Korea.
Elaine Ramirez · · 12 min read