Podotree, Korean chat app Kakao’s content business, raises $107M at a $428M valuation

#HTE

 Kakao, the Korean mobile and web giant, is beefing up its social media and content businesses after its Podotree affiliate raised 125 billion won (around $107 million). The deal values it at 500 billion won, Kakao confirmed — that’s approximately $428 million. Read More
https://techcrunch.com/2016/12/09/podotree/?ncid=rss