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Games & Commerce

Naver Webtoon, Kakao Entertainment and other rights holders close overseas piracy site TuMangaOnline

Naver Webtoon, Kakao Entertainment and other major South Korean webtoon rights holders, working with the Copyright Overseas Promotion Association (COA), have shut down the Spanish-language piracy site TuMangaOnline and multiple related sites, they said on April 27. The action was carried out by Spanish judicial authorities and is described as the first case in which Korean rights holders directly responded overseas under local law and achieved results. The case is heading toward the opening of a formal criminal trial.

Games & Commerce

Naver, Kakao set to post record first-quarter results led by commerce and ads

Naver and Kakao are expected to post record first-quarter results, driven by commerce and advertising. Naver’s revenue is forecast to rise 12.8 percent to 3.14 trillion won, with operating profit up 11 percent to 560.9 billion won, led by strong commerce growth. Kakao is expected to report revenue of 2.01 trillion won and operating profit of 179.5 billion won, up 70.3 percent, on KakaoTalk ad growth and efficiency moves.

Games & Commerce

Kakao steps up AI shift under Jeong Shin-a second term; key test is proving monetisation

Kakao is accelerating its shift to artificial intelligence in the second term of CEO Jeong Shin-a, after a first phase focused on restructuring affiliates and governance. The company is redefining KakaoTalk as an AI-based execution platform and expanding external partnerships and global business initiatives. Kakao has set targets for revenue growth and profitability and plans shareholder returns. Investors remain focused on when and how AI monetisation will show up in earnings.