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January 22, 2018 10:50 am GMT
Korea’s Kakao, the internet giant behind the country’s top messaging app, is actively seeking overseas investment opportunities after it raised $1 billion via a placement. Kakao is valued at over $7 billion and its services are used by more than 40 million people. The company, which counts Tencent as an early investor, now appears to be making good on its long-standing plan to… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ddY9XQK3wx8/
Koreas Kakao eyes overseas acquisitions following $1 billion raise
Korea’s Kakao, the internet giant behind the country’s top messaging app, is actively seeking overseas investment opportunities after it raised $1 billion via a placement. Kakao is valued at over $7 billion and its services are used by more than 40 million people. The company, which counts Tencent as an early investor, now appears to be making good on its long-standing plan to… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/ddY9XQK3wx8/
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