Kakao to Split Into Two Listed Companies, Kakao AI and Kakao X, in Restructuring Around Artificial Intelligence
Kakao Corp. will split into two listed companies, Kakao AI and Kakao X: the newly established Kakao AI takes the KakaoTalk platform together with the AI, advertising and commerce businesses plus subsidiaries DK Techin and K&Works, while Kakao X, the surviving entity, keeps fintech, content and mobility under an investment-focused structure; the split ratio is 0.36 to 0.64 based on net book values, existing shareholders receive shares in both companies, CEO Chung Shin-a will lead Kakao AI and Kim Do-young, chief executive of Kakao Investment and head of group investment strategy, is nominated to head Kakao X, with shareholder approval at an extraordinary general meeting on December 17, 2026, the split effective January 1, 2027 and separate trading from January 27, 2027.