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Kakao
 | |
 | |
Native name | 주식회사 카카오 |
|---|---|
Romanized name | RR: Jusikhoesa Kakao MR: Chushikhoesa K'ak'ao |
| Company type | Public |
| KRX: 035720 | |
| Industry | Internet |
| Founded | 2010 (original company; as Kakao Inc.) 1 October 2014 (current incarnation) |
| Founder | Brian Kim |
| Headquarters | Jeju City, South Korea |
Area served | Worldwide |
Key people | Brian Kim (founder) Stephan Kim (chairman, head of corporate alignment center)[a][1] Eun-taek Hong (CEO)[2] |
| Products | |
| Revenue |  KRW₩ 4.16 trillion (2020)[3] |
| KRW₩ 167.1 billion (2020) | |
| Owners |
|
Number of employees | 10,644 (2020) |
| Subsidiaries | Kakao Entertainment Kakao Games Kakao Friends Kakao Mobility |
| Website | kakaocorp |
| Kakao | |
| Hangul | 카카오 |
|---|---|
| Revised Romanization | Kakao |
| McCune–Reischauer | K'ak'ao |
Kakao Corporation (Korean: 카카오) is a South Korean Internet conglomerate headquartered in Jeju City. It was formed through the merger of Daum Communications and the original Kakao Inc in 2010. The company was renamed Daum Kakao in 2014.[5] In 2015 it was rebranded once more, reverting simply to Kakao.[6]
KakaoTalk messenger app dominates in South Korea, and after launching in March 2010, the service gained around a 90% domestic market share in 2015. KakaoTalk was nominated for the Most Innovative Mobile App Award at the Global Mobile Awards 2014.[7] In January 2016, Kakao acquired a 76.4% stake in LOEN Entertainment, a large South Korean entertainment company, for $1.5 billion.[8] It was later rebranded as Kakao M. The company has gained further prominence from KakaoTalk, a free mobile instant messaging application for smartphones with text and call features. By May 2017, the app had 220 million registered users and 47 million active monthly users.[9]
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- ^ Yoo, So-yeon (4 April 2022). "Kakao to build large-scale K-pop performance venue in northern Seoul". Korea JoongAng Daily. Archived from the original on 25 December 2022. Retrieved 12 April 2022.
- ^ Wang, Catherine (19 October 2022). "Korean Internet Giant Kakao's Co-CEO Resigns Amid Heat From Data Center Fire". Forbes. Archived from the original on 11 November 2022. Retrieved 27 October 2022.
- ^ "Earning Release 2021". ir.expediagroup.com. 13 February 2020. Archived from the original on 25 December 2022. Retrieved 23 April 2021.
- ^ a b c "KAKAO CORP. (A035720)". MarketScreener. Archived from the original on 9 March 2023. Retrieved 9 March 2023.
- ^ "kakao > About > History". Kakao Corp. Kakao. Archived from the original on 1 October 2015. Retrieved 9 October 2015.
- ^ "Daum Kakao Sets Sail Under New Name". The Chosun Ilbo. Seoul. 24 September 2015. Archived from the original on 1 October 2019. Retrieved 9 October 2015.
- ^ matthew (3 February 2014). "KakaoTalk Nominated for Most Innovative Mobile App Award at Global Mobile Awards 2014". Businesskorea (in Korean). Retrieved 13 October 2024.
- ^ "Kakao acquires Loen". The Korea Times. 11 January 2016. Archived from the original on 30 September 2019. Retrieved 18 September 2017.
- ^ "Kakaotalk: number of monthly active users 2017 – Statistic". Statista. Archived from the original on 25 December 2022. Retrieved 5 March 2018.
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