Home

The Korea Herald

Latest news

Most Popular

  1. 1

    IMF lowers Korea's 2025 growth outlook to 2%

    IMF lowers Korea's 2025 growth outlook to 2%
  2. 2

    Labor Ministry dismisses Hanni harassment case

    Labor Ministry dismisses Hanni harassment case
  3. 3

    North Korean troops fighting alongside Russia, NIS confirms

    North Korean troops fighting alongside Russia, NIS confirms
  4. 4

    Reality show 'I Live Alone' disciplined for 'glorifying' alcohol consumption

    Reality show 'I Live Alone' disciplined for 'glorifying' alcohol consumption
  5. 5

    [Herald Interview] How Gopizza got big in India

    [Herald Interview] How Gopizza got big in India
  1. 6

    Japan to hold 1st memorial for Korean forced labor victims at Sado mine

    Japan to hold 1st memorial for Korean forced labor victims at Sado mine
  2. 7

    Yoon focuses on expanding global solidarity against NK-Russia military ties at APEC, G20 summits

    Yoon focuses on expanding global solidarity against NK-Russia military ties at APEC, G20 summits
  3. 8

    [KH Explains] Dissecting Hyundai Motor's lobbying in US

    [KH Explains] Dissecting Hyundai Motor's lobbying in US
  4. 9

    [Graphic News] 70% of S. Koreans believe couples can live together without tying the knot: survey

    [Graphic News] 70% of S. Koreans believe couples can live together without tying the knot: survey
  5. 10

    Now is no time to add pressure on businesses: top executives

    Now is no time to add pressure on businesses: top executives
소아쌤

Kakao's game business to merge into Kakao Games

By Yonhap

Published : Aug. 17, 2017 - 10:43

    • Link copied

Kakao Corp., the operator of South Korea's top mobile messenger KakaoTalk, said Thursday that it has decided to merge its game business unit into Kakao Games Corp., a game company under its arm, in an effort to boost competitiveness.

"It was a strategic decision to strengthen the game business unit," said Rim Ji-hoon, CEO of Kakao, said in a press release.

The game unit under Kakao has so far carried out game publishing and intellectual property affairs of Kakao Friends, characters based on KakaoTalk emoticons.

(Yonhap) (Yonhap)
Kakao also said it has decided to merge Kakao Games Holding, which holds a 41.8-percent stake in Kakao Games.

Kakao Games changed its name last year as it prepares to strengthen its role in the global games industry by launching games on different platforms, including smartphones, computers and virtual reality devices. Kakao Games is also pushing to go public on the Seoul bourse. (Yonhap)

More from Headlines