[KH Explains] Naver s Line dilemma: Lose global footing for cash? koreaherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreaherald.com Daily Mail and Mail on Sunday newspapers.
KT is rumored to have delayed its plan to appoint a new chief executive, due to the intensifying backlash from the presidential office and the ruling party against the telecommunication firm s recent shortlisting of candidates to replace outgoing CEO Ku Hyeon-mo, according to industry officials, Monday.
Kakao s rise to become SM Entertainment s second-largest shareholder will come as a boon for the nation s largest mobile platform operator, as its entertainment subsidiary is expected to generate synergy by using SM s intellectual property, analysts said Wednesday. The analysis came shortly after an overnight decision by top management of SM, which sold its 9.05 percent stake to Kakao.