Naver Subsidiary Gogolook Acquires Hong Kong Startup StudioKUMA

Korean_Startup_Naver

Gogolook, a subsidiary of Korean Internet giant Naver, announced today that it has acquired Hong Kong startup StudioKUMA. The value of the deal was undisclosed.

Taipei-based Gogolook itself was purchased by Naver, the maker of Line messaging app, in 2013 for about $17.6 million. Its main product is Whoscall, a caller ID app.

Like Whoscall, StudioKUMA is also an app that filters out marketing calls and suspicious numbers. A company representative told TechCrunch that integration with other Naver services (including Line) is a possibility, but in the short-term both will remain standalone products.

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I am interested in applying design thinking to the business. I love to code in Central Park on weekends and build something people love to use. You can reach me at sehwan@techforkorea.com

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