page contents ​Kakao to merge with music subsidiary for content push – The News Headline

​Kakao to merge with music subsidiary for content push

Kakao, proprietor of South Korea’s hottest chat app KakaoTalk, will merge with its tune subsidiary Kakao M, the firms introduced.

Kakao M — previously Loen Leisure earlier than Kakao purchased it for $1.6 billion in 2016 –services Melon, the rustic’s hottest tune streaming provider.

The merger additional goals to capitalize at the acclaim for the chat app and tune provider. KakaoTalk already has a tune message function and an AI speaker, Kakao Mini, introduced overdue final 12 months.

After the merger, Kakao may even shape a brand new subsidiary that may center of attention on making video content material. It’ll make investments and obtain new companies to develop the corporate right into a content material and highbrow belongings energy area, it mentioned.

The merger is predicted to be licensed July five and finished September 1.

Kakao is trying to enlarge in a foreign country. In March it introduced the formation of a blockchain subsidiary that will probably be based totally in Japan.


Kakao to unveil blockchain platform throughout the 12 months

South Korean chat large Kakao’s blockchain subsidiary, dubbed Floor X, will unveil its personal platform throughout the 12 months.

SoftBank Ventures invests $four.2 million in used items buying and selling app

SoftBank Ventures Korea has invested four.five billion gained ($four.2 million) in startup Daangn Marketplace that specialises in localised used items buying and selling.

Kakao AI speaker starts legitimate gross sales

South Korean chat large Kakao has introduced its AI speaker, Kakao Mini, after months of teases.

Why Spotify assists in keeping making a gift of extra tune get entry to

Shoring up the tune provider’s loose tier now not best beefs up the pipeline for top rate customers, however makes it a more potent selection in growing economies and assists in keeping it a step forward of Apple Track in mature economies.

The 6 very best blockchain jobs of the long run (TechRepublic)

Use of the blockchain is rising, and companies will want professional execs to achieve a aggressive edge.

Leave a Reply

Your email address will not be published. Required fields are marked *