Daum, which was a dominant force in Korea’s internet market in the late 1990s, merged with Kakao in 2014. In 2023, Kakao restructured Daum as an independent in-house company, stating that the ...
It is the latest legal twist for Kakao, which runs South Korea's largest chat app, after the company and another executive went on trial last year, accused of wrongdoing during the acquisition.
OpenAI chief Sam Altman signed a deal with tech giant Kakao in South Korea on Tuesday as the U.S. firm seeks new alliances after Chinese rival DeepSeek shook the global AI industry. Kakao, which owns ...
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