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Kakao profit hit by surge in investments

South Korean messaging app provider Kakao reported a net loss in the last quarter of …

Kakao raises $130M for games division

South Korea-based popular messaging app maker Kakao raised $130 million from strategic investors including Tencent …

Kakao plots M&A after $1B funding round

South Korea-based messaging app provider Kakao detailed plans to go on the offensive by pursuing …

Kakao aims to bag $1B in funding

South Korea-based messaging app provider Kakao announced a plan to raise up to $1 billion …

Kakao profit jumps 3-fold on ad, content growth

Kakao, the South Korea-based company behind the Kakao Talk messaging app, reported a surge in …

Naver, Kakao expect strong profit growth in Q2

South Korea’s top internet firms – Naver and Kakao – are expected to report strong …

Line Card

LINE lifts mobile payments activities

Japanese messaging firm LINE launched a pre-paid card and announced a barcode-scanning technology for smartphones, …

Kakao to spend $1.6B for local music streaming firm

Kakao, the company behind mobile messenger app KakaoTalk, will acquire a controlling stake in South …

Kakao signs up Tencent, eBay for banking licence bid – report

South Korean firm Kakao’s bid for a domestic internet banking licence is being bolstered by …

Japan’s LINE targets payments market

Takeshi Idezawa, COO of mobile messaging app LINE, announced a new payments service and a …