Daum, South Korea’s second-largest internet portal, has formally split from tech giant Kakao to operate as an independent legal entity for the first time since their merger more than a decade ago.

Kakao is set to complete the spin-off of Daum, its in-house operator of the country’s second-largest portal site, as early as June, signaling the end of an 11-year union since the two firms merged in ...

Internet portal Daum completed its split from Kakao on Monday, becoming an independent business run by AXZ, a new subsidiary that spun off from Kakao’s in-house content company-in-company (CIC) in May ...

Kakao will separate its portal business Daum on May 15 as the search engine struggles to compete with dominant competitor Naver. Daum will be run as a "company in company," or CIC, in which a company ...

Daum has seen a surge in users following a complete overhaul of its mobile application. According to mobile index data from AIGIWORX on the 26th, the number of Daum users increased by 547,811, ...