THE INVESTOR

After server shutdown, Kakao pledges to triple investment over next 5 years

After server shutdown, Kakao pledges to triple investment over next 5 years

South Korean IT giant Kakao vowed Wednesday to triple its investment in efforts to set up more stable service operations after the company faced heat when its major services, such as KakaoTalk, were shut down due to a data center fire. “Kakao will invest more than three times the amount it invested in the past five years to secure human resources and develop technologies for service stabilization while implementing disaster recovery with a triple structure or higher over the next five yea

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