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Table 3 The evolutionary process of KakaoTalk

From: Platform business Eco-model evolution: case study on KakaoTalk in Korea

Step 1

Step 2

Step 3

The early stage of the SNS

The growth stage for the SNS company

Evolution toward social media and a platform

-Ensuring social services through user expansion

-Trying a variety of social service

-Providing media channels in KakaoPlus

-Photo based KakaoStory, game marketing platform KakaoGame, etc.

-Expanding influence as a media platform

-Trying to be a social platform with avatars, app stores, advertising and commerce

  1. (Source: Jung, 2012)