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Acronyms that contain the term daum communications 

What does daum communications mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: daum communications.

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What does daum communications mean?

daum communications
Kakao (Korean: 카카오) is a South Korean internet company that was established in 2010. It formed as a result of a merger between Daum Communications and the original Kakao Inc. In 2014, the company was renamed Daum Kakao. The company rebranded once more in 2015, reverting simply to Kakao.In May 2015, the company acquired Path, an American social media company that had become successful in Indonesia. In January 2016, Kakao acquired a 76.4% stake in LOEN Entertainment, a large South Korean entertainment company, for $1.5 billion. It was later rebranded as Kakao M. The company has gained further prominence from KakaoTalk, a free mobile instant messaging application for smartphones with text and call features. By May 2017, the app had 220 million registered users and 47 million active monthly users.As of March 2022, the company is competing with Naver Corporation for No.1 position in the Japanese web comic and web novel market.

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