Daum, Kakao to Merge on Oct. 1

The merger between Korea's No. 2 Internet portal Daum and No. 1 messaging app company Kakao was officially approved by shareholders on Wednesday.

The merged company will be launched on Oct. 1.

But shareholders postponed the decision on the new name, which will be decided after a shareholders' meeting in October.

englishnews@chosun.com / Aug. 28, 2014 12:06 KST