Tuesday, October 22, 2013

Kakao denies IPO announcement; no plans as of now

Contradicting media reports, Kakao’s spokesperson has clarified that the South Korean chat giant has no plans for an IPO right now Kakao, a South Korea-based chat conglomerate, told e27 yesterday that reports of it heading towards an initial public offering at a US$5 billion valuation is entirely incorrect, as portrayed in both local and international Read the full article...



The post Kakao denies IPO announcement; no plans as of now appeared first on E27.







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