LY Corp Becomes Majority Shareholder in Kakao Games

In a deal that has sent ripples through the tech and gaming sectors, LY Corp has acquired a majority stake in Kakao Games with a $198 million investment.

While Kakao will remain a strategic partner and the second-largest shareholder, LY Corp's leadership is expected to drive more aggressive international expansion for Kakao’s mobile titles.

The focus will likely be on integrating gaming experiences directly into messaging platforms like LINE and KakaoTalk, utilizing the 'Super App' model that has proven successful in Asia.

This move is part of a larger trend in 2026 where tech giants are seeking to own the entire ecosystem of content delivery and social interaction.