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February 15, 2018 05:58 am GMT
Korea’s dominant messaging firm Kakao is back raising funds after its games business, a standalone unit that is headed for an IPO, pulled in $130 million (140 billion KRW) from Tencent and a range of other strategic investors. The company, which owns Korea’s top mobile messaging app and one of the country’s largest internet portals, operates a sprawl of business that… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KUH9vGzIBVA/
Chat app Kakaos games business lands $130M from Tencent and others ahead of IPO
Korea’s dominant messaging firm Kakao is back raising funds after its games business, a standalone unit that is headed for an IPO, pulled in $130 million (140 billion KRW) from Tencent and a range of other strategic investors. The company, which owns Korea’s top mobile messaging app and one of the country’s largest internet portals, operates a sprawl of business that… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/KUH9vGzIBVA/
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