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Friday, May 29, 2015

Daum Kakao buys Indonesia-based mobile platforms

By Kim Seung-yeon
SEOUL, May 29 (Yonhap) -- Daum Kakao Corp., the operator of South Korea's most popular messaging app KakaoTalk, said Friday it has acquired two Indonesia-based mobile platforms as part of its push for a global expansion.
It signed an agreement with Path, a U.S. Internet service provider that runs its namesake social network service (SNS) and messenger app Path Talk, to take over the two mobile tools, Daum Kakao said in a statement.

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