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Kakao Corporation (Kakao) is a technology company that provides a wide range of digital services. The company offers digital communication, financial services, mobility solutions, lifestyle services, entertainment, gaming, and healthcare. Its products and services include KakaoTalk, a messaging app; Kakao Pay, a digital wallet; Kakao Bank, an online bank; and Kakao Mobility, a transportation service. Notable brands associated with the company include Kakao Entertainment, Kakao Games, and Kakao Healthcare. Kakao's products and services cater to a broad customer base, with applications across various industries such as finance, transportation, healthcare, and entertainment. The company leverages its platforms, such as KakaoTalk and Daum Games for distribution. Kakao is headquartered in Jeju-si, Jeju-do, South Korea.
Kakao Corp premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Communication Services | cacao |
| Everyday Convenience Services | Kakao Pay |
| Business Services | Kakao Bank |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In March, the company announced its plans to sell a 23.5% stake in Kakao Games to LY Corporation, an internet company. |
| 2026 | Plans/Strategy | In February, the company announced its plans to sell Daum to Upstage. |
| 2026 | Contracts/Agreements | In January, the company entered into a preliminary agreement to sell AXZ to Upstage, an AI startup. |
Competitor Comparison
| Key Parameters | Kakao Corp | Coupang Inc | Naver Corp | Nexon Co Ltd | Netmarble Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | United States of America | South Korea | Japan | South Korea |
| City | Jeju City | Seattle | Seongnam | Minato | Seoul |
| State/Province | - | Washington | - | Tokyo | Seoul |
| No. of Employees | 2,474 | 108,000 | 2,397 | 9,834 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yun Seok | Chairman | Executive Board | 2020 | 64 |
| Shina Chung | Director; Chief Executive Officer | Executive Board | 2024 | - |
| Bae Jae-hyun | Director | Non Executive Board | 2023 | 46 |
| Cha Kyung-Jin | Director | Non Executive Board | 2024 | 43 |
| Cho Suk-Yung | Director | Non Executive Board | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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