Every Spin-Off
Kakao AI
Date setKRRuns KakaoTalk, South Korea's dominant messaging app, and earns money from advertising, gifting and e-commerce on it, along with Kakao's AI services.
Kakao is splitting off a new company, Kakao AI, holding KakaoTalk and the AI, advertising and commerce businesses (with DKTechIn and KnW); the surviving Kakao X keeps the fintech (KakaoBank, KakaoPay), content (Kakao Entertainment, SM Entertainment, Piccoma) and mobility stakes plus venture investing. Kakao reported 8.1tn won of revenue and 732bn won of operating profit last year.
- Status
- Date set
- Expected
- 27 Jan 2027
- Parent
- Kakao (to be renamed Kakao X) (035720 KS)
- Spin-off ticker
- To be announced
- Listing
- KOSPI
- Market
- South Korea
- Sector
- Communication services
Terms
인적분할 based on net asset book value: Kakao AI 0.36, Kakao X 0.64, with shareholders receiving shares in both; the ratio is to be re-confirmed from split financial statements after 1 January 2027. Needs EGM approval (17 Dec 2026) and KRX re-listing review (preliminary application filed 21 Aug 2026).
Key dates
- Board approval and KRX preliminary review application
- Extraordinary shareholders' meeting
- Split effective date
- Kakao AI re-listing and Kakao X change listing
Source documents
- Press releaseKakao board resolves 인적분할 (08/21/26)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- Sourceen.nocutnews.co.kr (KRX application, 08/21/26)
- Sourcenews.mtn.co.kr (ratio to be re-confirmed, 09/16/26)
- Sourcetokenpost.kr (schedule, 08/21/26)
Every Spin-Off research
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