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KakaoTalk (Korean: 카카오톡), commonly referred to as KaTalk (Korean: 카톡) in South Korea, is an instant messenger and online services platform operated by Kakao Corporation. It was launched in 2010 and the app is available on mobile and desktop platforms.
Kakao Corp is the company behind KakaoTalk, which serves as its main platform and flagship application. It was founded in 2006 by Kim Bum-soo, the former CEO of NHN Corporation (the organization that emerged from the Hangame and Naver.com merger) as Kakao Inc. [10] Kakao Corp. (then known as Kakao Inc.) is based in Seoul, South Korea.
Ruangguru (a play of the phrase ruang guru, literally "teachers' office") was founded in April 2014 by Adamas Belva Syah Devara and Muhammad Iman Usman to aid students to find various tutors online. [4] [5] As of August of the same year, there were more than one thousand teachers registered. Ruangguru was also funded by East Ventures. [5]
The payment service first launched on September 4, 2014 with integration with their messaging app, KakaoTalk, allowing people to request and send money to people in their contacts. [3] Since its launch, Kakao has expanded into other financial services by launching their own online bank called KakaoBank and releasing their own debit card . [ 4 ]
KakaoPage Corp. owned 19.8 percent of Haksan Publishing, 22.2 percent of Seoul Media Comics, and 19.8 percent of Daewon C.I., all of them publishers of comics. [8] It also owned 21.9 percent of the stock in drama production company Mega Monster, which is a subsidiary of its then-sister company Kakao M.
In December 2020, KakaoPage Corp. proposed a merger with Kakao M Corp. as a unified company. [6] It was seen as an action by their parent company against US-based Google’s new policy for its app market place users, which would've affected Kakao M, which KakaoTV platform was starting to become popular in South Korea.
Kakao Games Corp. (Hangul: 카카오게임즈) is a South Korean video game publisher and a subsidiary of Kakao. [3] It specializes in developing and publishing games on PC, mobile, and VR platforms. [4]
The service originally launched in 2003 by Daum, a popular web portal in Korea, as Daum Webtoon making it the first official webtoon platform in the world. It would operate under Daum up until the company merged with Kakao in 2014. [1]