Kakao, K Cube Venture to invest W30b in emerging game start-up

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Summary

The recent investment announcement is part of Kakaos initiative to grow competitive game start-ups. The mobile messenger firm has made rounds of investment including those in mobile role-playing game developer KOKOMO Games and social network game developer V8.Kakao will spare no effort to support promising game start-ups to offer better game titles for Kakaos game platform users, said Nam Goong-hoon, the executive vice president of Kakaos gaming business.By Kim Young-won ( wone0102@heraldcorp.com

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