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Ant Group-backed Kakao Pay seeks up to $1.4 billion in IPO

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Kakao Pay Corp., South Korea’s largest online payment service with 36 million users, is seeking to raise as much as 1.63 trillion won ($1.4 billion) in an initial public offering in Seoul, following blockbuster IPO filings from Kakao Bank and Krafton Inc. this week. The Pangyo-based fintech company will sell 17 million new shares at […]

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