Kakao founder Kim Beom-su has pledged to review all of Kakao’s services, management, and businesses following an emergency meeting. He aims to meet the public’s standards by reassessing everything, including management appointments. A Compliance and Credibility Committee has been formed to oversee ethics and compliance with laws. Kakao has been holding emergency meetings every Monday due to recent controversies. The company has been criticized for alleged stock price manipulation and monopoly practices. Kakao Mobility, the operator of Kakao T, has faced criticism over alleged monopoly in the taxi-hailing industry. The company was fined in February for prioritizing franchise taxis over general cabs. Kakao Mobility has held meetings with taxi organizations to discuss improvements in the taxi calling and fee system. This content also includes some JavaScript code related to Facebook tracking.
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