CEO of Kakao, South Korea’s Most Popular Messaging App, Resigns After Service Outage

CEO of Kakao, South Korea’s Most Popular Messaging App, Resigns After Service Outage
The Kakao messaging app and the Kakao T taxi booking app are seen on a mobile phone in this illustration photo from March 13, 2018. Thomas White/Reuters
Naveen Athrappully
Updated:
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A top executive of Kakao Corp., a popular South Korean messaging app, stepped down Wednesday following a widespread service outage on the ubiquitious platform that millions of South Koreans use regularly for wiring money, chatting with friends, hailing taxis, and logging onto other major websites.

“As a CEO of Kakao, I feel miserable and strongly responsible for the incident. So I am stepping down from the post,” Kakao’s co-CEO Namkoong Whon said at a press conference, according to Yonhap News Agency.
Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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