Thursday, October 17, 2013

Kakao preparing for IPO with US$5B valuation, US$23B less than LINE

Kakao, the South Korean-based chat giant, has announced its plans for IPO. Its valuation stands at US$5 billion Kakao, the one company which has dominated all of South Korea with its messenger app KakaoTalk, has finally announced its plans for initial public offering (IPO). Its valuation is stated as KRW 5 trillion (US$5 billion) and Read the full article...



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