Daum Kakao, the $7 billion Internet company that owns messaging app Kakao Talk and recently bought Path, has turned to youth after hiring a new CEO to push its business forward and grow overseas. The ...

Daum Kakao, one of the largest Internet companies in South Korea, has launched a mobile payment platform called BankWalletKakao as it addresses concerns about its ability to grow in international ...

SEOUL -- Leading Korean Internet portal Daum Communications is teaming with Sony Pictures Television International in the territory's first free video-on-demand licensing deal with a Hollywood studio.

SEOUL -- Daum Communications, South Korea's second-largest Web portal operator, will join U.S. computer software giant Microsoft and local set-top box maker Celrun Co. to enter the country's growing ...

SEOUL (Reuters) - Shareholders of South Korean internet portal operator Daum Communications Corp and messaging app company Kakao Corp on Wednesday approved a merger of the two firms in an all-stock ...

Google and Apple are already up against stiff competition in Korea’s smart TV industry, but the list of rivals now has an extra name after search firm Daum introduced its smart TV offerings, the Korea ...

SEOUL (Reuters) - Kakao Corp, the dominant messaging app firm in South Korea, has agreed to buy Internet portal company Daum Communications in a $3.3 billion stock deal, circumventing a potentially ...

Return of a Jedi entrepreneur? Public relations officials at Daum Communications used to say that their boss Lee Jae-woong has changed his business strategy from ``expansion and growth'' to ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kakao Corp, operator of South Korea’s dominant mobile messaging service KakaoTalk, will merge with smaller ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Microsoft on Friday agreed to a $30m settlement with Daum Communications, South Korea’s leading portal, marking ...