Kakao Unveils Spin-off Plan: Kakao X to Focus on Content, Mobility, and Financial Businesses. Ahead of its planned split into two companies in February 2027, South Korean conglomerate Kakao is highlighting the strong profitability and new business opportunities of its subsidiaries in content, mobility, and fintech. The move aims to build investor confidence in the growth prospects of Kakao X, the investment-focused entity. These three sectors will form the core of Kakao X, which will manage subsidiary equity and investments post-spin-off, while the newly established Kakao AI will take over operations such as KakaoTalk and advertising.