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Kakao’s Mobile Platform Strategy Euntaek Hong

Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

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KakaoTalk: How can brands engage and 'talk' to new users? - How are the most successful brands utilising KakaoTalk? - What is different about targeting consumers on mobile devices compared to other social platforms? - Kakao’s visions for the next platform strategy on mobile Speakers: Euntaek Hong, Executive Vice President, Kakao Corp.

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Page 1: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Kakao’s Mobile Platform Strategy

Euntaek Hong

Page 2: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Mobile Messenger Changing the Way We Communicate

Page 3: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Conversation History Archive

Page 4: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Asynchronous Communication

Page 5: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Mobile messenger replaces phone calls

1 billion calls/day 6.5 billion messages/day

<  

Page 6: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Mass Communication VS.

Personal Communication

Page 7: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Evolu(on  of  Mass  Communica(on  

Page 8: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Evolu(on  of  Personal  Communica(on  

Page 9: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

In the mobile era, people acquire more information from personal communication channels rather than mass communication channels.

Page 10: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Growth of KakaoTalk

Page 11: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Add Friends Automatically

Group Chat

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Page 13: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

KakaoGame First Mobile Social Game Platform

500 million accumulated subscriptions (2014. 5)

500+ games by 230+ developers

8 games with 10 million+ downloads

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KakaoTalk

KakaoStory

KakaoGroup

KakaoStyle

KakaoPick

KakaoTalk PC

KakaoStory Ch.

Marketing Platform Expansion

Social Platform Expansion

Contents Platform Expansion

Commerce Platform Expansion

KakaoMusic

KakaoPage

KakaoTopic

KakaoGame

Platform Expansion

Page 18: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

KakaoStory

10 million users in 9 days

60 million subscribers

Number of comments: 27 billion

Social Network Service Platform

Page 19: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

KakaoMusic Social Music Sharing on Mobile

13 million downloads

No.2 music app in Korea

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KakaoPage Open digital marketplace

Individual content providers can easily create and sell digital contents

Page 21: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

KakaoStyle

A new mobile shopping channel that connects Korea’s Soho fashion malls with KakaoTalk users

Info on latest fashion trends and products

Page 22: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

KakaoTopic (beta) Customized contents recommendation service

Partnering with 110 news agencies

and other various content providers

Page 23: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Pla5orm  Internaliza(on  

Gift Shop

Gift Shop

Plus Friend

Page 24: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Select and pay for a gift Choose “Gift Shop” Option Send to friend 1 2 3

Gift Shop

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215 million users

Plus Friend

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KakaoPay A simplified mobile payment system

Once registered as users, customers only

need to type in their passwords to make

payments

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Provide Personalized O2O Service to users

User����������� ������������������  

Analyze user

behavior

Kakao’s Vision for Next Platform Strategy on Mobile

User Segmentations

Page 28: Kakao - The Mobile Chat Opportunity, Social Matters HK 2014

Thank you