Kakao’s stock price fell more than 5% on Tuesday. SM Entertainment’s top executives had objected to Hybe’s attempt to increase ownership of the company, describing it as a hostile takeover ...
KakaoEntertainment Corp. is a global entertainment company affiliated with leading Korean tech company Kakao Corp. KakaoEntertainment combines the full spectrum of the entertainment ...
Kiwoom Securities assessed that Kakao's growth potential has slowed. The firm lowered its target stock price from the previous 47,000 won to 45,000 won. However, the investment opinion remains "buy." ...
South Korea — The billionaire founder of South Korean internet conglomerate Kakao was indicted on Thursday for stock manipulation in his pursuit of buying K-pop powerhouse SM Entertainment.