Korea’s Kakao eyes overseas acquisitions following $1 billion raise

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Korea’s Kakao eyes overseas acquisitions following $1 billion raise

 Korea’s Kakao, the internet giant behind the country’s top messaging app, is actively seeking overseas investment opportunities after it raised $1 billion via a placement. Kakao is valued at over $7 billion and its services are used by more than 40 million people. The company, which counts Tencent as an early investor, now appears to be making good on its long-standing plan to… Read More

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