
Dunamu, the arm of largest Internet corporation , is reportedly launching a service platform designed to help companies start businesses using . Korea’s JoongAng Daily the on March 19.
The platform, which is called Luniverse and supervised by technology research lab Lambda256, is geared to help IT startups develop -based services. The platform reportedly has a high level of and an automated scaling function, that can adjust sizes in accordance with the amount of data stored on it.
To implement the service, Dunamu reportedly collaborated with companies that provided various apps and products following clients’ business fields. Park Jae-hyun, CEO and former research head of Lambda256 said that “in the past, a lot of companies built their own , but an alternative is outsourcing the establishment of a in the form of a service offered on cloud systems.”
Yesterday, Kakao the integration of its in its messaging app KakaoTalk, which will purportedly enable more than 44 million South Korean KakaoTalk users to send peer-to-peer using Kakao’s crypto-powered .
Also in March, Cointelegraph that Kakao will repeat its after netting $90 million from investors. Klaytn, the platform which is the responsibility of spin-off firm Ground X, will now seek to raise another $90 million. In December 2018, Kakao had first that it was planning to raise around $300 million through Ground X to develop its own .
As in February, in the fourth quarter of 2018 Kakao’s operating expenses related to new businesses, such as and , was 65 billion won ($57.5 million), which reportedly led to a net loss for the whole period. Kakao’s consolidated operating income was 4.3 billion Korean won ($3.8 million).
Published at Wed, 20 Mar 2019 02:06:21 +0000