Unionized members at Kakao to stage first-ever strike

Unionized members at Kakao Corp. were set to stage its first walkout in the company's history Wednesday, demanding higher bonuses and profit sharing.

The walkout and a rally will take place near the messenger app operator's headquarters in Pangyo, south of Seoul, from 10 a.m. to 3 p.m.

Around 600 members from five units of Kakao, including its headquarters, Kakao Pay and Kakao Enterprise, are expected to participate, according to industry insiders.

The move comes after the union and management f ...