Kakao Enterprise, the business-to-business (B2B) subsidiary of Kakao Corp., said it will fortify cloud-based businesses, in a move to restructure the money-losing entity which is certain to extend years of losses that began in 2021.
South Korea’s SK Square is poised for two stock market flotations of its key affiliates – a mobile app marketplace and a security service – on the Korea Exchange in May, filings showed on April 4.