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Kakao Opens Deep Investigation on SM Entertainment, KakaoBank, Kakao Mobility

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Kakao Entertainment names new CEOs amid continued controversy

Kakao Entertainment said Friday it has designated the company's Chief Operating Officer Kweon Ki-su and Global Strategy Officer Joseph Chang as the company's co-chief executive officers, in a bid to push for reform amid public criticisms surrounding the company's alleged stock manipulations. According to Kakao Entertainment, before Kweon and Chang are officially appointed, which will take place after K.

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[KH Explains] Kakao Mobility seeks breakthrough in Europe amid rising scrutiny at home

Kakao Mobility, the operator of South Korea’s leading taxi-hailing service Kakao T, seems to be seeking new opportunities in Europe as it faces growing scrutiny here. According to industry sources on Monday, the company is likely to submit its final bid to acquire a stake of around 80 percent in German mobility service provider FreeNow as early as this week. The exact deal size was not revealed, but sources pre.

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Monthly Review | Platform Company Dominance and Labor Struggles in the Digital Economy: The Case of South Korea

This article will be released in full online November 20, 2023. Kyung-Pil Kim charts the history of the Korean platform economy through the rise of Naver and…

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Ratio of women execs at major firms more than doubles over 5 years

The share of female executives at South Korea's major firms has more than doubled over the past five years on positive factors, including last year's implementation of a related law, a corporate tracker said Tuesday. A total of 265 firms belonging to the country's top 30 business groups had a combined 726 women executives as of end-March, accounting for 6.9 percent of their total 10,561 C-suite positio.

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