Kakao

Tinaba and Ant Group Expand Their Partnership to Allow Italians to Pay in Asia Directly With Their App via Alipay+ Solutions

Retrieved on: 
Monday, July 3, 2023

Italian travelers who are Tinaba customers are now able to make cross-border payments via QR code at Alipay+ partner merchants, both in South Korea - thanks to the support of Kakao Pay - and in Malaysia.

Key Points: 
  • Italian travelers who are Tinaba customers are now able to make cross-border payments via QR code at Alipay+ partner merchants, both in South Korea - thanks to the support of Kakao Pay - and in Malaysia.
  • The integration of Alipay+ is one more piece of the already extensive partnerships between Ant Group, Tinaba, and Banca Profilo as acquirers, which began in 2019.
  • The partnership, which is also expanding in Italy, is a payments ecosystem with a unique experience without language and currency barriers.
  • The seamless experience is now being extended to other Asian travellers under the collaboration between Alipay+ and Tinaba.

Siebert Announces Chairman and CEO Appointment, New Board Member, and Close of Kakao Pay’s $17.4 Million Investment in Siebert

Retrieved on: 
Tuesday, May 30, 2023

Mr. Gebbia has been a member of Siebert’s Board of Directors since 2020 and served as a special advisor to Siebert’s Board of Directors from 2017 - 2020.

Key Points: 
  • Mr. Gebbia has been a member of Siebert’s Board of Directors since 2020 and served as a special advisor to Siebert’s Board of Directors from 2017 - 2020.
  • Siebert also announced that Simon Shin has been appointed to Siebert’s Board of Directors as part of the recently announced investment by Kakao Pay in Siebert, and that the $17.4 million investment from Kakao Pay closed on May 18, 2023.
  • Mr. Shin from Kakao Pay is an accomplished executive with global experience and adds significant strength and depth to our Board of Directors.
  • “I look forward to working closely with the new CEO, John J. Gebbia, and other members of Siebert’s Board of Directors to maximize the synergies between Kakao Pay and Siebert.

Vertical Expands Presence in Asia-Pacific With VX4 Aircraft Pre-order From Leading South Korean Mobility Firm Kakao Mobility

Retrieved on: 
Monday, May 22, 2023

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces that South Korean mobility technology company, Kakao Mobility, has pre-ordered up to 50 of Vertical’s VX4 aircraft, adding South Korea to Vertical’s list of customer launch markets.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces that South Korean mobility technology company, Kakao Mobility, has pre-ordered up to 50 of Vertical’s VX4 aircraft, adding South Korea to Vertical’s list of customer launch markets.
  • Kakao Mobility, the largest Mobility-as-a-Service (MaaS) platform in South Korea with more than 30 million registered users, is the mobility subsidiary of South Korean internet giant, Kakao Corporation.
  • Kakao Mobility runs the country’s most popular taxi-hailing app, Kakao T, providing taxi-hailing, designated driver booking, parking space search, and Kakao Navi app providing real-time traffic information services.
  • South Korea is one of the largest economies in the world and is home to globally leading technology companies.

Siebert Achieves Strong 2023 Q1 Results

Retrieved on: 
Monday, May 15, 2023

Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”), a diversified provider of financial services, today reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”), a diversified provider of financial services, today reported financial results for the first quarter ended March 31, 2023.
  • “We are extremely excited about our results in the first quarter of 2023 and our new partnership with Kakao Pay” said Gloria E. Gebbia, controlling shareholder and board member of Siebert.
  • “We welcome this strong start to 2023 with great results from our current business lines and the beginning of our partnership with one of the leading global financial services innovators to expand our reach and enhance our offerings.
  • Our Securities Finance division continues to be a strong business line with another great quarter of results as well.

Global Fintech Innovator Kakao Pay Makes Investment In Siebert Financial Corp.

Retrieved on: 
Thursday, April 27, 2023

Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”) today announced that it has entered into an agreement to issue shares in Siebert to Kakao Pay Corp. (“Kakao Pay”), a fintech subsidiary of Korean-based conglomerate Kakao Corp.

Key Points: 
  • Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”) today announced that it has entered into an agreement to issue shares in Siebert to Kakao Pay Corp. (“Kakao Pay”), a fintech subsidiary of Korean-based conglomerate Kakao Corp.
    Kakao Pay announced an agreement to purchase a 19.9% stake of Siebert of newly issued shares for approximately $17 million on April 27, 2023, and subject to shareholder and regulatory approval, Kakao Pay will acquire an additional 31.1% of Siebert of newly issued shares.
  • After the close of the second transaction, Kakao Pay will become the largest shareholder of Siebert with a total of 51% ownership of Siebert.
  • The senior management teams at Siebert and Kakao Pay have a shared vision that supports each firm’s strategic direction.
  • Since 2014, Kakao Pay has served the Korean market including online/offline payment, money transfer, investing, membership, bill payment, and authentication services.

The Worldwide Webtoons Industry is Expected to Reach $56 Billion by 2030

Retrieved on: 
Thursday, December 15, 2022

The global webtoons market is projected to garner $56,092.8 million by 2030, growing from $3,745.4 million in 2021, at a healthy CAGR of 36.8% from 2021 to 2030.

Key Points: 
  • The global webtoons market is projected to garner $56,092.8 million by 2030, growing from $3,745.4 million in 2021, at a healthy CAGR of 36.8% from 2021 to 2030.
  • Webtoons are a type of digital comic created in South Korea, which can be read on computers and mobile devices.
  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the webtoons market analysis from 2021 to 2030 to identify the prevailing webtoons market opportunities.
  • The report includes the analysis of the regional as well as global webtoons market trends, key players, market segments, application areas, and market growth strategies.

Tapas Entertainment seals print partnership deal for "The Beginning After the End" through volume 6, launches "Free Every 3 Hours" plan for mega hit webcomic titles

Retrieved on: 
Monday, November 21, 2022

"TBATE" volume 2 will hit the shelves in February and the remaining volumes are set for a consecutive triannual release.

Key Points: 
  • "TBATE" volume 2 will hit the shelves in February and the remaining volumes are set for a consecutive triannual release.
  • "The Yen Press team is very excited to continue our print partnership with TBATE and TurtleMe.
  • With this update, Tapas aims to foster creator fan communities and give users more access to mega hit titles.
  • TurtleMe, Tae Ha Lee, is the creator of The Beginning After the End, the #1 hit webcomic and web novel series from Tapas.

Klaytn Partners with ZetaChain to Bring Omnichain Interoperability to the Klaytn App Ecosystem

Retrieved on: 
Monday, October 3, 2022

San Francisco, CA, Oct. 03, 2022 (GLOBE NEWSWIRE) -- The novel Layer-1 omnichain smart contract platform ZetaChain (ZETA) announced the partnership with Singapore-based public blockchain platform Klaytn to bring multichain connectivity to the Klaytn network.

Key Points: 
  • San Francisco, CA, Oct. 03, 2022 (GLOBE NEWSWIRE) -- The novel Layer-1 omnichain smart contract platform ZetaChain (ZETA) announced the partnership with Singapore-based public blockchain platform Klaytn to bring multichain connectivity to the Klaytn network.
  • ZetaChains integration into Klaytn will enable KLAY developers to bring full interoperability to existing and new smart contracts.
  • In addition to Ethereum, Polygon, and Binance Smart Chain, Klaytn is now supported on Zetachains testnet and will go live on the ZetaChain mainnet soon.
  • These applications will bring much greater liquidity and capital efficiency for transferring native assets between chains.

Fellaz Named Official Partner of the NBA Japan Games 2022 Presented by Rakuten & Nissan and Presenting Partner of the Game 2 Halftime Show

Retrieved on: 
Wednesday, September 28, 2022

SINGAPORE, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Fellaz, a next-generation entertainment platform, announced its official partnership with Rakuten that will make Fellaz an Official Partner of The NBA Japan Games 2022 Presented by Rakuten & Nissan and the Presenting Partner of the Game 2 Halftime Show.

Key Points: 
  • SINGAPORE, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Fellaz, a next-generation entertainment platform, announced its official partnership with Rakuten that will make Fellaz an Official Partner of The NBA Japan Games 2022 Presented by Rakuten & Nissan and the Presenting Partner of the Game 2 Halftime Show.
  • The partnership with Rakuten is a formidable accomplishment following Fellaz's participation as an official sponsor of the World University Basketball Series also held in Tokyo last month.
  • Rahul Kadavakolu, Vice President of Rakuten's Global Sports Business, commented, "I am thrilled at this opportunity to expand our partnership with Fellaz to incorporate cutting-edge, fan-centered entertainment into the NBA Japan Games 2022.
  • The partnership between Fellaz and Rakuten, and the successful experience of presenting for the Game 2 Halftime Show of NBA Japan Games 2022 will prove foundational as we continue to pursue our vision of innovating the entertainment industry and the way it is experienced."

Kakao Entertainment to hold global K-Pop auditions, starting with applications in the U.S.

Retrieved on: 
Tuesday, August 16, 2022

Starting with North America this August, the company will accept applications for the "2022 Kakao Entertainment Friends Global Online Audition," and welcome applicants from new markets each month through January.

Key Points: 
  • Starting with North America this August, the company will accept applications for the "2022 Kakao Entertainment Friends Global Online Audition," and welcome applicants from new markets each month through January.
  • The Kakao Friends Audition brings together Kakao Entertainment's subsidiary labels such asStarship Entertainment, IST Entertainment, and more, to unearth up-and-coming talent for the K-pop industry and provide more opportunities for promising artists to enter global stardom.
  • Kakao Entertainment delivers an all-encompassing entertainment experience for fans of webtoons, TV dramas/films and K-pop worldwide.
  • Headquartered in Seoul, Korea, Kakao Entertainment has a well-diversified business portfolio across three divisions: Story, Media and Music.