who owns kakao talk
Thatâs all thanks to Kakao Corp. cofounder and chairman, âBrianâ Kim Bum-Soo, who launched the service in 2010 and ever since has been perfecting a mobile universe inhabited by 93% of domestic smartphone usersâor nearly 75% of the countryâs 50 million people. KakaoTalk has now made Kim a billionaire. Kakao is merging with Daum, the countryâs second-largest Internet portal, and is listing on the South Korean Stock Exchange on Oct. 1. Kim, 48, will own 40% of the combined company, and analysts predict a minimum value of $8.5 billion.