Monday, May 26, 2014

Kakao and Daum to merge up via equity swap

South Korean chat app and internet portal/game publisher merger will create a company worth US$2.9 billion in market capitalisation Two South Korean tech companies will be joining forces via an equity swap: chat app creator Kakao and internet portal company Daum. According to an announcement (via Bloomberg), the combined effort of both companies will be Read the full article...



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