Weekly News Round-Up: May 24th

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1. Rumor: Daum and Kakao to Merge

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The Korean web portal, Daum, is rumored to be talking about a merge with Kakao Talk, the well-known OTT messaging service. Daum, like Naver, offers a number of internet services including a free web-based e-mail and messaging service, forums, shopping, and news. Daum is considered the underdog by some, particularly now as Google and Naver are emerging to dominate the market. The rumors say that no money will change hands in the deal between Kakao and Daum, but will all be done through stock.

 

2. Band Games Launches with 30 Million Users

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Line’s new gaming platform, Band Games, launched with 30 million users last week. It stepped into the gaming platform business earlier than its legacy competitor, Kakao Games, which launched when the Kakao platform had 50 million users.

Band takes the typical chat experience and turns it on its head by focusing on creating small communities. Band takes the chat-room and turns it into a club with a section for announcements and scheduling for events and updates.

 

3. First Glance at Maple Story 2

The sequel to Nexon’s hit, Maple Story, is slated to go into closed beta later this year. The company released their first sneak peak trailer earlier this week.

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