Daum Kakao changes its name to Kakao
After a merger between search engine Daum and messaging company Kakao took place last year and a new CEO was appointed in August, it looks like some additional changes are…
South Korean company Daum Kakao names Rim Ji-hoon as CEO to replace co-CEOs
Daum Kakao, the company behind Kakaotalk, South Korea’s popular messaging platform, has named a new CEO to replace the two co-CEOs that have led the company since Daum and Kakao…
Daum Kakao Acquiring Path Messaging App as it fights to stay relevant in Mobile Messaging
While it is the most popular app in South Korea, outside of its home turf, KakaoTalk has been struggling to acquire users against global messaging conglomerates like Facebook’s WhatsApp and…
Daum Kakao Setting Up K Venture Group, a $90 Million Investment Fund for Startups
After the merger with Daum closed, Kakao has been looking to compete against LINE and other messaging apps in a bid to win more users. The latest attempt by the…
Kakao Games Make Up the Largest Profit Margins of Newly Combined Daum-Kakao
Earlier today, Daum and Kakao, which merged into one company on October 1, shared their third quarter earnings reports. The two segments are still operating separately for now, so we’ll…
Daum and Kakao Complete Merger to Become Daum-Kakao, But a Difficult Road Lies Ahead
A merger between Kakao, the company behind KakaoTalk and Daum, South Korea’s second-largest search engine, was first announced back in May and received approval from Daum and Kakao shareholders in…