Kakao's Board Approves Split Plan, Plans to Establish Kakao AI
Kakao announces its restructuring: a new company called 'Kakao AI' will focus on KakaoTalk and artificial intelligence. The original company will be renamed 'Kakao X' to handle investments, fintech, content, and mobility. The reorganization aims to operate independently, accelerate AI implementation, and improve capital allocation efficiency. The net assets will be split in a 36% and 64% ratio.
22.1K