Top
30°

Chat App Kakao Buys Majority Stake In Korea’s Top Online Music Service For $1.5B

Kakao, South Korea’s dominant mobile messaging app that merged with Internet company Daum in a $3 billion deal in 2014, is pinning its international expansion hopes on music after it announced plans to spend $1.5 billion buying a majority stake in Korea’s top online music service.

Read Full Story >>
techcrunch.com
The story is too old to be commented.