Wed, Jun 5, 2013: Friendster Sdn. Bhd, a subsidiary of MOL Global yesterday announced it has signed an exclusive partnership with Kakao Corp to promote, market and distribute Kakao mobile platform including Kakao Talk and Kakao Store in Malaysia.
Under the agreement, Friendster will incorporate a new wholly owned subsidiary, Kakao Malaysia Sdn. Bhd. to undertake the operations of the Kakao platform in the country. Besides marketing Kakao mobile platform, Kakao Malaysia also responsible to source local content and game applications and procuring advertisers for the platform.