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Chat App Kakao Buys Majority Stake In Korea’s Top Online Music Service For $1.5B
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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 music service. Read More
http://techcrunch.com/2016/01/10/chat-app-kakao-buys-majority-stake-in-koreas-top-online-music-service-for-1-5b/?ncid=rss
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 music service. Read Morehttp://techcrunch.com/2016/01/10/chat-app-kakao-buys-majority-stake-in-koreas-top-online-music-service-for-1-5b/?ncid=rss