Daum Kakao plans to change its name to Kakao

By AJP Posted : September 1, 2015, 16:19 Updated : September 1, 2015, 16:19

South Korean mobile messenger operator Daum Kakao said Tuesday that it plans to change its name to Kakao.

The plan is subject to approval by a shareholders' meeting scheduled for Sept. 23, said the company, operator of the country's top mobile messenger, KakaoTalk.

The number of KakaoTalk users totals 38 million in a nation with a population of around 50 million.

Daum Kakao was created in October 2014 from the merger of Daum Communications, the country's second-largest Internet portal company, and Kakao Corp., the nation's top mobile messenger service provider.

AJP