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Companies

Kakao to launch video-streaming app in Japan

South Korean company takes aim at Netflix and Amazon in growing market

KakaoTalk is South Korea's leading chat platform. (Photo by Ken Kobayashi)

TOKYO -- Kakao, the operator of South Korea's leading chat platform, will offer a video-streaming app in Japan specifically geared to smartphones that lets users watch a certain amount of free content every day, hoping to set itself apart from Netflix and Amazon.com.

The company envisions its popular manga comics app Piccoma bringing users over to the new service, and vice versa. Set to launch this summer, Piccoma TV's original content will largely consist of live-action series based on existing comics.

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