Domestic Platform Industry Strongly Opposes the ‘Platform Fair Competition Promotion Act’
[딜사이트 최지웅 기자] The domestic platform industry is strongly opposed to the Fair Trade Commission’s effort to enact the ‘Platform Fair Competition Promotion Act’ (hereafter referred to as the Platform Act), saying it is ‘killing local companies’ . This is due to concerns that the stigma of being subject to prior regulation could limit normal […]
Kakao Faces Biggest Crisis Since Establishment: Top Management Replaced
Kakao Announces Major Leadership Changes By: Bae Deok-hoon In the midst of what can only be described as the biggest crisis since its establishment, Kakao (035720) has announced the replacement of its CEO, Hong Eun-taek, and an intensive personnel reform. This comes as the company faces negative internal and external factors. The announcement was made […]
Kakao Founder Kim Beom-soo Participates in Direct Dialogue with Executives and Employees
Kakao Founder Kim Beom-soo to Hold Direct Dialogue with Executives and Employees Kakao founder Kim Beom-soo, who has returned to a leading role in management following the company’s recent crisis, is set to engage in direct dialogue with executives and employees. Meeting Details According to Kakao, Kim Beom-soo plans to convene a meeting with executives […]
The Crisis of Greed: The Downfall of Kakao
Kakao Faces Crisis Amid Allegations of Corruption and Greed Investigative Report Shines Light on Internal Issues at Global Company Kakao, a leading global company in Korea, is currently facing its biggest crisis to date as allegations of market manipulation and internal corruption rock the organization. The company’s founder, Kim Beom-soo, along with key executives, are […]
Kakao CEO Announces Plans to Investigate Allegations and Expand Employee Benefits
CEO of Kakao Announces Plans for Thorough Investigation and Expansion of Employee Benefits [By Trustworthy Journalist, Digital Today] Kakao CEO, Hong Eun-taek, recently addressed the allegations brought forward by Kim Jeong-ho, the general manager of management support for the Kakao CA council. In response, he announced a comprehensive plan to investigate the claims and enhance […]
Kakao CA Council General Manager Issues Rebuttal Statement After Controversial Swearing Incident
General Manager of Kakao Council Issues Rebuttal Statement By [Author Name], Staff Writer Kim Jeong-ho, the general manager of management support for Kakao CA Council, has recently been at the center of controversy after an incident at an internal meeting. On the 28th, he took to social media to release a statement addressing the allegations […]
Corruption Allegations Surrounding Kakao Ansan Data Center and Seoul Arena Construction
Kakao Ansan Data Center Under Internal Audit Following Corruption Allegations Kakao, the South Korean company, has initiated an internal audit in response to allegations of corruption surrounding the selection of a data center (IDC) and the construction company for the Seoul Arena. The allegations pertain to the selection of the construction company for ‘Kakao Data […]
Kakao’s Stock Price Rebounds as Management Reform Committee Takes Action
Kakao’s Stock Price Rebounds In a turnaround from its downward spiral, Kakao’s stock price is on the rebound. After experiencing a significant dip last month, the stock has made a recovery of over 30% this month, reaching the 50,000 won range. Market analysts attribute this upward trend to the company’s recent innovation plan and a […]
[아주경제 오늘의 뉴스 종합] [단독] Kakao Siheung 2nd data center finally fails… Future growth engine lost
Photo = Aju Economy Kakao’s second data center, which was being promoted in Baegot New Town in Siheung, Gyeonggi Province, with a scale of 100 MW (megawatts) to grow new future businesses such as artificial intelligence (AI), cloud, and metaverse, was ultimately canceled. This is in contrast to competitor Naver, which is leading the way […]
Kakao Group Takes Steps to Establish Compliance and Trust Committee
Kakao Takes Steps to Manage Compliance and Restore Trust On the 23rd, Kakao announced that Kim Beom-soo, Chairman of the Management Reform Committee, and the first members of the Compliance and Trust Committee held a meeting, marking the first step in the company’s efforts to strengthen compliance and trust. Establishment of Compliance and Trust Committee […]
