Heekyong Yang
Stories by Heekyong Yang
South Korea’s Kakao Pay cuts IPO target by 6% to $1.3b
The company, 55% owned by Kakao and 45% by Ant's Alipay, estimated its value at 11.7 trillion won.
LG Energy Solution to reconsider IPO plans for this year as vehicle recall mars outlook
The IPO was tipped to be South Korea's biggest, potentially raising $10-12b.
S Korea’s Kakao Bank shares debut at 38% above IPO price
Kakao Bank, Korea’s first digital bank to go public, became profitable in 2019 after less than two years in operation.
S Korean online lender Kakao Bank prices IPO at top of range, eyes $2.2b
Kakao Bank ranks No. 1 among S Korea's financial apps with 13.35 million monthly active users.
S Korean regulator tells Kakao Pay to revise IPO prospectus
The move could delay the Ant-backed firm's IPO, said analysts.
S Korea’s Hyundai Motor to invest $100m in SolidEnergy Systems
In March, General Motors announced a partnership with SES to boost its battery development.
Ant-backed Kakao Pay seeks to raise up to $1.4b in IPO
Kakao Corp is its largest shareholder with a 55% stake, followed by Ant Group's Alipay with 45%.
S Korea’s SK Innovation mulls listing its battery business
The move comes as demand for EVs surges and carmakers partner with battery makers to ensure uninterrupted supplies.
PUBG game-maker Krafton slashes IPO target by a quarter
At the top end of the range, the offering would raise 4.3 trillion won ($3.8 billion).
Krafton’s $5b Korean IPO could be delayed by a fortnight as regulator raises questions
The IPO is set to be South Korea's biggest ever.
