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Kakao
Kakao ( ko, 카카오) is a South Korean internet company that was established in 2010. It formed as a result of a merger between Daum (web portal), Daum Communications and the original Kakao Inc. In 2014, the company was renamed Daum Kakao. The company rebranded once more in 2015, reverting simply to ''Kakao''. In May 2015, the company acquired Path (social network), Path, an American social media company that had become successful in Indonesia. In January 2016, Kakao acquired a 76.4% stake in Kakao M, LOEN Entertainment, a large South Korean entertainment company, for $1.5 billion. It was later rebranded as Kakao M. The company has gained further prominence from KakaoTalk, a free mobile instant messaging Application software, application for smartphones with text and call features. By May 2017, the app had 220 million registered users and 47 million active monthly users. As of March 2022, the company is competing with Naver for No.1 position in the Japanese Webcomic, web comi ...
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Kakao M
Kakao M (; formerly Seoul Records, YBM Seoul Records and LOEN Entertainment) was a South Korean entertainment company established by Min Yeong-bin in 1978. It is currently one of the largest co-publisher companies in South Korea. The company operates as a record label, talent agency, music production company, event management, concert production company, and music publishing house. , the company was the leading record company in South Korea by net revenue according to the statistics compiled by the Korea Music Content Industry Association (KMCIA) through the Gaon Music Chart (30.4%); it is also the second leading company in terms of album sales (25.4%). LOEN Entertainment became a subsidiary of Kakao in January 2016 and was subsequently renamed two years later. Online music sales account for most of the company's profit, with 93.9% of revenue coming from online music sales. The label also distributes CDs of some other entertainment agencies in South Korea through its branch #Mu ...
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Kakao Entertainment
Kakao Entertainment Corp. (), stylized as kakao ENTERTAINMENT, is a South Korean entertainment, mass media, and publishing company founded in 2021. A subsidiary of the internet company Kakao, it was established subsequent to the merger of the latter's two subsidiaries KakaoPage and Kakao M. History KakaoPage Corp. Podotree Co, Ltd. was founded on July 20, 2010, as a subsidiary of Kakao, and launched KakaoPage three years later. On August 1, 2018, the company changed its corporate name to KakaoPage Corp. Kakao M Seoul Records, Inc. was founded in October 1978 by , the owner of local educational company (formerly Sisa English). In 2005, the company was acquired by SK Telecom and relaunched as LOEN Entertainment, Inc. three years later, before being sold to Star Invest Holdings (a subsidiary of Affinity Equity Partners). In January 2016, it was taken over by Kakao and renamed again as Kakao M Corp. in December 2017. In October 2020, the company expanded in Asia by launching ...
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Kakao Friends
Kakao Friends (stylized as KAKAO FRIENDS; ) are featured characters based on KakaoTalk emoticons released in November 2012 by Kakao. The copyrights of the characters are currently owned and managed by Kakao's subsidiary Kakao IX, which was formerly named Kakao Friends prior to an inter-subsidiary acquisition in 2018. The character illustrator is Kwon Soon-ho, also known by his pen name Hozo. Kakao Friends has been used in various products and commercials, and has gained popularity and have become beloved characters in South Korea. Characters Kakao Friends characters were developed in about two months after the idea meeting in July 2012 began. Muzi series *Muzi: Curious and playful, Muzi is actually a piece of radish in rabbit clothes. * Con: Con, who looks like a small crocodile, is the one who raised Muzi. It always shows one side of its face, which makes it mysterious. *Apeach: Apeach has the setting of escaping from a peach tree after learning that she became monoecious d ...
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Kakao Games
Kakao Games Corp. (Hangul: 카카오게임즈) is a South Korean video game publisher and a subsidiary of Kakao. It specializes in developing and publishing games on PC, mobile, and VR platforms. Each is represented by Namgoong Hoon and Cho Gye-hyun. Originally known as Daum Games before the acquisition of Daum, Kakao Games has expanded from game distribution solely in Korea. Now, Kakao Games distributes its games globally throughout North America, Europe, and other parts of Asia thanks in part to its social aspect with KakaoTalk. Kakao uses the game portal of Daum and social network of KakaoTalk to connect players within their games. Games Games released as "Daum Games" Games released as "Kakao Games" Cancelled Games Kakao Games was to be the publisher for ''Capcom Super League Online'', a tactical role-playing game Tactical role-playing games (abbreviated TRPGs), also known as strategy role-playing games and in Japan as (both abbreviated SRPGs), are a video gam ...
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Kakao T
Kakao T (formerly KakaoTaxi) is a Korean transportation service app launched by Kakao Mobility Corp., a subsidiary of Kakao in 2017. The service provides taxi-hailing, designated driver booking, nearby parking space searching, and real-time traffic information service. The service was launched originally as Kakao Taxi, a taxi-calling service app launched on March 31, 2015 that connects users who needs a ride to taxi drivers. In 2017, Kakao rebranded the platform as Kakao T, where "T" stands for "transportation", merging their key transportation services into one mobile app. The service was made available in Japan in May 2017 thanks to a partnership with JapanTaxi. Operation The app requires a Kakao account based on an email address and password. Personal information is collected and stored. The app facilitates connecting the user to the nearest driver in the surrounding area. All KakaoTaxi drivers are licensed taxi operators. Privacy The user location is shared with the ta ...
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Kim Bum-soo (businessman)
Kim Beom-soo, also known as Brian Kim, (born 8 March 1966) is a South Korean billionaire businessman, the founder and chairman of Kakao, a South Korean internet company. Early life and education Kim grew up in one of Seoul's poorest neighbourhoods and is the third of five children. He was raised by his grandmother in a one-bedroom apartment as his parents worked. His father was a pen factory worker and his mother was a hotel maid with a grade-school education. He has a BSc degree in engineering, and an MSc degree, both from Seoul National University. Career Kim's first job was as a developer for an online communication service at Samsung’s IT services unit. In 1998, Kim started Hangame with $184,000 he was given by friends and family. The company started as an internet café business but later became South Korea's first online gaming portal. He merged the company with web portal Naver in 2000 and later worked as a representative of NHN until 2007. Kim moved to Silico ...
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Kim Beom-soo (businessman)
Kim Beom-soo, also known as Brian Kim, (born 8 March 1966) is a South Korean billionaire businessman, the founder and chairman of Kakao, a South Korean internet company. Early life and education Kim grew up in one of Seoul's poorest neighbourhoods and is the third of five children. He was raised by his grandmother in a one-bedroom apartment as his parents worked. His father was a pen factory worker and his mother was a hotel maid with a grade-school education. He has a BSc degree in engineering, and an MSc degree, both from Seoul National University. Career Kim's first job was as a developer for an online communication service at Samsung’s IT services unit. In 1998, Kim started Hangame with $184,000 he was given by friends and family. The company started as an internet café business but later became South Korea's first online gaming portal. He merged the company with web portal Naver in 2000 and later worked as a representative of NHN until 2007. Kim moved to Silicon ...
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Daum (web Portal)
Daum ( ko, 다음) is a South Korean web portal. It offers many Internet services to web users, including a popular free web-based e-mail, messaging service, forums, shopping, news and webtoon service. The word "daum" means "next" and also "diverse voices". Background The popularity of Daum stems from the range of services it offers, but also from the fact that it was the first Korean web portal of significant size. Its popularity started when it merged with the then most popular e-mail service, daum.net or hanmail.net. After the merging, Daum started the forum service Daum Cafe which brought its firm status in the market. Daum received the eighth highest trust rating in a 2020 Reuters Institute survey of selected South Korean media outlets. History The former Daum Communications Corporation (Korean: ㈜다음커뮤니케이션) was founded in 1994 by and , and the company launched the namesake portal in May 1997 making it the first South Korean web portal, four months earli ...
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Lycos
Lycos, Inc., is a web search engine and web portal established in 1994, spun out of Carnegie Mellon University. Lycos also encompasses a network of email, web hosting, social networking, and entertainment websites. The company is based in Waltham, Massachusetts, and is a subsidiary of Kakao. Etymology The word "Lycos" is short for "Lycosidae", which is Latin for "wolf spider". History Lycos is a university spin-off that began in May 1994 as a research project by Michael Loren Mauldin of Carnegie Mellon University in Pittsburgh. Lycos Inc. was formed with approximately US$2 million in venture capital funding from CMGI. Bob Davis became the CEO and first employee of the new company in 1995, and concentrated on building the company into an advertising-supported web portal, led by Bill Townsend, who served as Vice President, Advertising. Lycos enjoyed several years of growth during the 1990s and became the most visited online destination in the world in 1999, with a global pr ...
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Path (social Network)
Path was a social networking-enabled photo sharing and messaging service for mobile devices that was launched in 14 November 2010. The service allows users to share up to a total of 50 contacts with their close friends and family. Based in San Francisco, California, the company was founded by Shawn Fanning and former Facebook executive Dave Morin. In 2011, Morin rejected a $100 million offer for the company from Google.Arrington, Mike"Google Tried To Buy ''Path'' For $100+ Million. Path Said No." ''Techcrunch'', February 2, 2011. Retrieved 2011-02-15. On May 28, 2015, Path announced it had been acquired for an undisclosed amount by Kakao. On September 17, 2018, Path announced its termination of the service. From October 18, 2018, existing users are no longer able to access the Path service. Service Users update their stream on Path by posting photos and adding tags for people, places, and things. Path initially limited each user's social network to 50 friends in order to enco ...
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Naver
Naver (Hangul: 네이버) is a South Korean online platform operated by the Naver Corporation. It was launched in 1999 as the first web portal in South Korea to develop and use its own search engine. It was also the world's first operator to introduce the comprehensive search feature, which compiles search results from various categories and presents them in a single page. Naver has since added a multitude of new services ranging from basic features such as e-mail and news to the world's first online Q&A platform Knowledge iN. As of September 2017, the search engine handled 74.7% of all web searches in South Korea and had 42 million enrolled users. More than 25 million Koreans have Naver as the start page on their default browser and the mobile application has 28 million daily visitors. Naver has also been referred to as 'the Google of South Korea'. Owing to its rising popularity in Japan, Naver is now competing with Kakao to claim position in Japanese market of web novel and ...
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