Kakao Pay-Alipay
Scope
Date
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Tech, Media & Telecom
Naver integrates points program with Samsung Pay
The online money and points of South Korea's Naver Pay, an affiliate of the country's largest web portal Naver Corp., can now be used at offline sto...
Sep 26, 2023 (Gmt+09:00)
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Fintech
Kakao Pay’s tie-up with Alipay spurs growth in China
BEIJING – Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., is rapidly growing in China’s fintech...
Sep 20, 2023 (Gmt+09:00)
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Fintech
Naver Pay to be available at all Alipay merchants in China
Naver Pay, the simple payment service of South Korea's Naver Financial, announced on Tuesday that it will start offering Naver Pay Money and Point Q...
Sep 19, 2023 (Gmt+09:00)
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Fintech
Alipay’s Ant becomes No.2 shareholder of S. Korea’s Toss Payments
Ant Group Co., the operator of China’s biggest mobile payment platform Alipay, has become the second-largest stakeholder of Toss Payments, the...
Sep 18, 2023 (Gmt+09:00)
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Electronics
Want to buy an iPhone 15 in South Korea? Pay more
During the unveiling of the much-anticipated iPhone 15 series on Tuesday, Apple Inc. said its newest product line is in same price range as its prev...
Sep 13, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to receive $1 bn in unpaid bills from Uzbek gas project
South Korean firms are poised to receive $1 billion in unpaid bill that has accumulated since 2017 from Uzbekistan’s Surgil gas project as the...
Sep 08, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Mobility to build mobility-customized GenAI platform
South Korea's Kakao Mobility has announced a vision to build an evolved platform with generative artificial intelligence (GenAI) specialized for mob...
Sep 08, 2023 (Gmt+09:00)
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Culture & Trends
S.Korea’s web novel sector hits $750 mn in value: Study
South Korea's rising web novel industry, which has seen popular works like "Reborn Rich" and "The Red Sleeve" made into TV series, has exceeded 1 tr...
Sep 08, 2023 (Gmt+09:00)
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Korean startups
Korean startups join hands amid dwindling funding, acceleration support
Collaboration is becoming active among peer startups in South Korea to create synergy between different technologies and accelerate an early stage s...
Sep 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Kakao Mobility to collaborate with Indonesia on digital economy
South Korea's Kakao Mobility announced on Tuesday that it is discussing ways to collaborate on building the digital ecosystem with major platform co...
Sep 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's HMM bidders shortlisted to LX Group, Harim, Dongwon
Bidders for HMM Co., South Korea’s top shipping company, have been shortlisted to LX Group, Harim Co. and Dongwon Industries Co., according to...
Aug 30, 2023 (Gmt+09:00)
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K-pop
Virtual bands, emerging stars to fuel global K-pop craze
Virtual bands have emerged as new stars to accelerate the K-pop craze across the world. An artificial girl quartet attracted more than 25 million vi...
Aug 25, 2023 (Gmt+09:00)
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Energy
Poland kicks off approval process to import S.Korean reactors
Poland has started an approval process to build a nuclear power plant consisting of South Korean reactors, according to foreign media reports, despi...
Aug 24, 2023 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang, Kakao Healthcare sign business agreement
South Korean food giant CJ CheilJedang Corp. announced on Friday that it has signed a business agreement with Kakao Healthcare, a digital healthcare...
Aug 18, 2023 (Gmt+09:00)
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Artificial intelligence
NCSOFT gears up to take on Naver, Kakao for AI language model
NCSOFT Corp. has unveiled a large-scale Korean language model as the first South Korean game developer to advance into the local-language generative...
Aug 17, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean LLM war intensifies to fend off ChatGPT
South Korean technology companies, both big and small, are rushing to advance Korean large language models (LLM) to fend off the pioneering chatbot ...
Aug 14, 2023 (Gmt+09:00)
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Bio & Pharma
Kakao Healthcare signs agreement with Novo Nordisk for digital service
Kakao Healthcare Corp., a digital healthcare platform unit of South Korea's Kakao Corp., announced that it has signed on Tuesday a business agreemen...
Aug 08, 2023 (Gmt+09:00)
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Mobile networks
Kakao to release super-large AI model, superapp
Kakao Corp. on Thursday announced that it will transform South Korea’s dominant mobile messaging app KakaoTalk into an AI-powered platform com...
Aug 04, 2023 (Gmt+09:00)
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Earnings
KakaoBank posts record H1 profit; costs hurt Kakao Games’ Q2 earnings
KakaoBank Corp., a leading South Korean internet-only bank, saw its first-half net profit rise to a fresh record high, driven by decent growth in in...
Aug 02, 2023 (Gmt+09:00)
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K-pop
K-pop powerhouse SM to launch US office with Kakao
K-pop powerhouse SM Entertainment Co. and Kakao Entertainment will jointly launch an office in the US later this year to boost their global business...
Aug 01, 2023 (Gmt+09:00)
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Fintech
Naver Pay to enter Chinese payment market in 2023
South Korea's Naver Financial announced plans on Tuesday to bring its simple payment service, Naver Pay, to the Chinese market by the end of this ye...
Aug 01, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Brain unveils AI development library Trident
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has released a performanc...
Jul 26, 2023 (Gmt+09:00)
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Webtoons
Kakao Piccoma tops in Japanese app market sales in H1 2023
Kakao Piccoma, a Japanese subsidiary of Kakao Japan Corp. and the global leading webtoon platform achieved the top position in the first half of 202...
Jul 21, 2023 (Gmt+09:00)
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The KED View
Why do so many S.Korean innovators bow out following success?
Bernard Arnault, chairman and CEO of the global luxury goods leader LVMH Moët Hennessy Louis Vuitton, is well known for sporting a full head of...
Jul 20, 2023 (Gmt+09:00)
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Korean stock market
EcoPro, Hanwha Ocean, JYP among top MSCI inclusion candidates
EcoPro Co., Hanwha Ocean Co., JYP Entertainment Corp. and Kumyang Co. are the top candidates for inclusion in the MSCI Korea Index when the global s...
Jul 18, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s commitment to N brand pays off with over 100,000 car sales
Hyundai Motor Co.'s commitment to high-performance vehicles has paid off with sales of such vehicles exceeding 100,000 units six years after the lau...
Jul 16, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Brain releases new AI artist Karlo 2.0
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., revealed its latest AI image generation model Karlo 2....
Jul 10, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Entertainment launches AI brand Helix
South Korea's Kakao Entertainment on Thursday launched the artificial intelligence (AI) brand Helix, with its first service Helix Push recommending ...
Jul 06, 2023 (Gmt+09:00)
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Fintech
Kakao Pay launches ATM service in Japan, Vietnam, Laos
South Korea’s Kakao Pay Corp. on Wednesday said it started an overseas withdrawal service at automatic teller machines (ATM) in partnership wi...
Jul 05, 2023 (Gmt+09:00)
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Electric vehicles
LG Uplus, Kakao Mobility to form EV charging JV
South Korea’s third-largest mobile carrier LG Uplus Corp. and transportation company Kakao Mobility announced on Monday their strategic allian...
Jul 03, 2023 (Gmt+09:00)