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Games & Commerce

Kakao Games stake deal completed, top shareholder changes to Line Yahoo

Kakao Games\' largest shareholder has changed from Kakao to a special purpose company backed by Japan\'s Line Yahoo, after a share sale and a third-party allocated capital increase were completed. The deal also completed the payment of 300 billion won in new funds. The new top shareholder is LAAA Investment, which holds 33.43 percent. Line Yahoo and related parties hold 38.95 percent in total, while Kakao\'s stake fell to 14.68 percent.

AI & Enterprise

Sol: Enchant kicks off second-half MMORPG new release battle

Netmarble has launched its new title \"Sol: Enchant,\" intensifying competition in the massively multiplayer online role-playing game (MMORPG) market in the second half of the year. With its release as a starting point, major game companies including Com2uS, Kakao Games, Smilegate and Wemade are preparing to roll out new titles within the year. Most upcoming releases are targeting the third quarter or later, setting up Sol: Enchant to secure early users before facing newcomers.

Games & Commerce

Kakao faces double trouble of labour dispute and weak shares, raising concerns over AI shift

Kakao’s first-ever strike at its headquarters is fuelling concerns that its artificial intelligence transition strategy could be disrupted, with the union warning of a second walkout on June 29. The dispute centres on performance pay and RSUs, but also broader issues including restructuring-related job insecurity and perceived gaps between executive and employee compensation. Kakao shares have remained weak since the strike. The company is pursuing an AI shift for KakaoTalk while facing rising costs and internal tensions.