(Photo = Yonhap news)

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Kakao has 218 affiliates at home and abroad as of the end of last year. There were 138 domestic affiliates.

According to the Kakao business report on the 20th, there were 218 Kakao affiliates as of December 31 last year. Among them, there were 138 domestic affiliates and 10 listed companies.

Kakao affiliates have increased both at home and abroad for a year. As of December 31, 2022, there were 175 Kakao affiliates and 127 domestic affiliates.

Kakao has been criticized for expanding its octopus feet because of its more than 100 affiliates. Kakao explained that it was to expand various IT businesses that were different from the usual affiliates of large corporations, but failed to avoid social criticism.

Kakao reduced the number of domestic affiliates from 138 as of February 2022 to 126 in February last year, but the acquisition of SM Entertainment and its affiliates increased the number of affiliates to 147 in May last year.

Kakao has continued to reduce the number of affiliates and has reduced the number of affiliates to 137 as of February this year.

The number of Kakao affiliates is expected to continue to decrease in the future.

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