Kakao Entertainment
Kakao to close Tapas Entertainment Korean office next month as part of a restructuring
Kakao Entertainment, owned by South Korean tech giant Kakao, will shut down the Korean branch of Tapas Entertainment, the U.S.-headquartered storytelling platform, next month. Kakao Entertainment told TechCrunch that it…
Can Korean digital storytelling platforms captivate North American and European audiences?
Korean storytelling companies want to kindle the popularity of webtoons and web novels in the West on the back of their success in East Asia.
Kakao Entertainment lands $966M from sovereign wealth funds, including Saudi Arabia’s PIF
Kakao Entertainment announced today it has raised $966 million (1.2 trillion won) in financing from sovereign wealth funds, such as Saudi Arabia’s Public Investment Fund (PIF) and Singapore-based PWARP Investment.…
KakaoEntertainment acquires fantasy fiction platform Wuxiaworld
South Korean startup Kakao Entertainment announced today it has acquired Wuxiaworld, an Asia fantasy fiction platform, via its serialized fiction app subsidiary Radish to bolster the mobile storytelling business. The transaction size is…
AI voice, synthetic speech company LOVO gets $4.5M pre-series A funding
“Voice skins” have become a very popular feature for AI-based voice assistants, to help personalize some of the more anodyne aspects of helpful, yet also kind of bland and robotic,…
Serial fiction app Radish acquired by Kakao Entertainment for $440M
Serialized fiction app Radish will be acquired by Kakao Entertainment in a transaction valued at $440 million. Kakao Entertainment is owned by Kakao, the South Korean internet giant whose services…
