News

Kakao merges its games division with subsidiary Kakao Games

Kakao merges its games division with subsidiary Kakao Games

Kakao has folded its games division into its subsidiary Kakao Games to enhance its competitiveness on the market.

The move will allow Kakao to access the expertise of its Games subsidiary to boost its own gaming division. It will also speed up decision making, leading to faster execution of ideas and better business all round.

Kakao now plans to build a strong line-up of PC and mobile games, as well as securing more IP to work with. It will also work to build up more partnerships with other developers.

Staying competitive

Kakao Games CEO Nam Kung-hoon said that the move was a strategic decision to strengthen its games business. He also noted that it would allow Kakao to focus on maintaining and improving its chat app platform.

The company most recently snagged the rights to NetEase's megahit Onmyoji for its release in South Korea. It hoped to use its 40 million KakaoTalk users to boost the game's profile.


Deputy Editor

Ric has written for PocketGamer.biz for as long as he can remember, and is now Deputy Editor. He likes trains.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies
Important information

This site uses cookies to store information on your computer. By continuing to use our site, you consent to Steel Media's privacy policy.

Steel Media websites use two types of cookie: (1) those that enable the site to function and perform as required; and (2) analytical cookies which anonymously track visitors only while using the site. If you are not happy with this use of these cookies please review our Privacy Policy to learn how they can be disabled. By disabling cookies some features of the site will not work.