Kakao Corp
Kakao is a mobile lifestyle platform company with services spanning messaging, mail, search, news, advertising, gaming, e-commerce, music, maps and more. Its content platform offers a diverse array of content that can be enjoyed by users of all interest range. Daum News offers tens of thousands of news articles from top news outlets every day, and Story Funding, the country’s first crowdfunding service, is building a healthy platform for new information in hand with users. Kakao Music, Kakao Page, Daum Webtoon and more, enrich user's daily lives enabling users to easily share and enjoy music, cartoons, novels and more.
Kakao Game is a mobile gaming platform that allows users to compete with friends on their social graph. Its popularity has resulted in explosive growths for the Korean mobile gaming industry while establishing mobile games as a mainstream phenomenon.
The company was founded in 2010 and is headquartered in Jeju, South Korea.
Top Sectors
Past deals in Music Streaming
Loen Entertainment
Acquisition in 2016
Kakao M, founded in 1978 and based in South Korea, is a prominent entertainment firm that specializes in music services. It operates primarily through its digital music segment, which includes the MelOn platform, a leading service for streaming music to subscribers across the country. In addition to digital offerings, Kakao M also engages in the planning, manufacturing, and distribution of physical music albums. The company's dual focus on both digital and traditional music formats allows it to cater to a diverse audience in the evolving entertainment landscape.
MELON
Acquisition in 2016
MelOn is a leading music streaming service based in South Korea, boasting approximately 28 million registered users. The platform is recognized for its extensive library of music and user-friendly interface, making it a preferred choice among music enthusiasts in the region. As a developer of music software, MelOn focuses on delivering high-quality audio and personalized listening experiences, catering to diverse musical tastes. The service has established itself as a key player in the competitive music streaming industry, contributing to the evolution of how users consume music in South Korea.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.