South Korea’s Kakao has become the ‘new El Dorado’ of mobile games

SAN FRANCISCO — Just a year ago, South Korea’s Kakao Talk mobile-messaging network launched its game platform, and now it has become the “new El Dorado of games,” according to Eric Choi of Kakao.

Choi said in a talk at the Casual Connect game conference today that revenues in the South Korean game market have tripled from $300 million to more than $1.1 billion in a single year thanks to the growth of Kakao. Choi is the team leader for the Global Game Team at Kakao Talk.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.