Wednesday, October 1, 2014

Kakao merges with Daum; Daum Kakao now valued at US$9.45B

Sirgoo Lee, Co-CEO, Daum Kakao kept emphasising on “connecting everything”. What would that mean for this newly formed company? Two South Korean technology companies, Daum Communications Corporation and Kakao Corporation, today announced that they have officially merged as one to form Daum Kakao. The deal was first announced in May 2014, and approved in August*2014....



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