Chung Shin-a

Kakao Corp. said Friday it has no plans to turn Kakao X, the investment company created through its planned corporate split, into a holding company, with CEO nominee Kim Do-young stating 'absolutely n…

Kakao Corp. will split into two listed companies, Kakao AI and Kakao X, with the board approving a demerger on Friday. Kakao AI will house KakaoTalk and AI, advertising, and commerce businesses, while…