News

Kakao Games, Inc. (CEO Han Sang‑woo) announced on July 28 that it is accepting registrations for the “PUBG 2025 Integrated ...
Seo Min-jae (Seo Eun-woo after his change of name) from Channel A "Heart Signal 3" said he was additionally sued by his ...
Kakao and its entertainment unit have increased their stake in SM to 39.9%, they said in a Tuesday regulatory filing. Previously, the firm had held 4.9% of SM.
Kakao, together with its entertainment unit, on Tuesday made a tender offer of nearly $1 billion for 35% of K-pop label SM Entertainment. That represented a 15% premium to Monday’s closing share ...
Instead, Kakao is now offering KRW150,000 ($115) apiece to buy 8.33 million SM shares, or 35% of the company’s currently issued share capital, on the open market. Kakao’s offer closes on March 26.
Major Korean game developers such as NCSoft, Netmarble and Kakao Games are doubling down on upcoming MMORPG releases for the ...
Kakao, which owns around 5% of SM, upped the ante this month, launching a tender offer at a higher price to acquire up to 35% for 1.25 trillion won ($946.80 million).
Kakao: SM Entertainment Shareholders Weigh K-Pop Powerhouse’s Future The companies are wrestling for control of SM with competing board slates at the March 31 annual meeting in Seoul. By Glenn ...
Kakao chief investment officer Bae Jae-hyun is accused of inflating SM's share price to thwart HYBE's bid for a stake in the K-pop company earlier this year. By Glenn Peoples In a stunning wrinkle ...
Kakao shares plunged as much as 9.5% on Monday to their lowest since May 2020, wiping out 2 trillion won ($1.39 billion) in market capitalisation at one point, while shares in affiliates KakaoPay ...
Kakao Mobility, the ride-hailing subsidiary of South Korean messaging and internet giant Kakao, has made its first acquisition as it looks to raise its international profile.
Daum Kakao is less known, particularly in the U.S.. The organization was formed when Korean internet firm Daum merged with domestic messaging app company Kakao in a $2.9 billion deal last year.