South Korea’s Kakao Mobility secures $50.1M strategic investment from Google Inc

In a statement on Thursday, Kakao Corp, the parent of South Korea’s Kakao Mobility said, it has secured a strategic investment of $50.1 million (56.5 billion won) from Google. Kakao T, Kakao Mobility’s app, has registered user base of 28 million consumers, and offers South Korea’s most popular taxi-hailing service as well as other transportation…

Israeli blockchain startup Orbs receives investments from South Korea’s Kakao Investment

Orb will use the proceeds for R&D, and growth purposes. On Thursday, Israeli blockchain startup Orbs disclosed, it has received an investment from Kakao Investment – the venture capital arm of South Korean internet conglomerate Kakao Corp. Orbs did not disclose the size of the investment. Earlier this year, Kakao had stated it would establish…