Idea 1 - Idea on platform business, and profit model (business model) of Kakao Talk (1/3)- English ver
Idea on platform business, and profit model (business model) of Kakao Talk' (1/3) Category: <Business> <Thoughts> “Recently Kakao’s profit on its growth is slowing down. Many platform businesses that brings innovation suffer from the problem of insufficient profit model. What should Kakao do to become a leading (and ‘high profit making’) innovative company, like Google and Facebook?” This is what came up to my mind. I imagined as if I have become an executive member of Kakao, and thought of many ideas: “How about doing this? Or that? What is deficient right now?”. I have gone through some researches and analysis, and finally decided to sum everything up into an article. <Image source: Google Play Store> It is difficult NOT to use Kakao Talk in Korea. Also, it is difficult to find anyone not using Kakao Talk. Ever since majority of population has Kakao ID in Korea, (42 million peopl