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Games & Commerce
Kakao Games eyes turnaround with management shake-up and new game push ahead of new top shareholder
Kakao Games is moving to replace its management ahead of a change in its largest shareholder from Kakao to an investment vehicle funded by Line Yahoo. The company plans to appoint two internal directors who are expected to become co-CEOs and to name a non-executive director from Petrico Partners. It also outlined five new game releases from the third quarter through year-end as it seeks a turnaround after six consecutive quarterly losses.
AI & Enterprise
Meta launches \'Meta Business Agent\' to support customer service on WhatsApp, Instagram
Meta has launched an AI agent called Meta Business Agent that automates customer responses, product recommendations and booking handling on WhatsApp, Messenger and Instagram, CNBC reported on June 3. CEO Mark Zuckerberg said companies of any size would have agents to talk to customers and support operations. The agent is included in Meta One, a subscription service for businesses and creators, and large firms using WhatsApp Business pay usage-based fees.
Games & Commerce
KakaoGames seeks turnaround with seven new titles, expands beyond mobile to PC and consoles
KakaoGames plans to pursue a turnaround with a two-track strategy of rolling out 7 new games from this year through next year while continuing to operate its existing live-service titles. Its new lineup aims to move beyond a mobile-focused structure by expanding to PC and console platforms and increasing its focus on global markets. The company also plans to sustain launch momentum on the back of stable revenue from live games and regular updates.
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Games & Commerce
Kakao Games posts Q1 operating loss of 25.5 billion won, prepares new titles including \'Odin Q\'
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Games & Commerce
Korean game makers seek breakthrough on consoles as mobile growth slows
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Games & Commerce
KakaoGames to begin \'God Save Birmingham\' alpha test on Feb. 20, release new video
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Games & Commerce
KakaoGames posts 39.6 billion won operating loss in 2025, swings to deficit
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Games & Commerce
KakaoGames\' God Save Birmingham unveils 2026 roadmap, strengthens combat and base building