Asian SWF Invests in Korean Mobile Content Unit

Posted on 12/05/2016


Asian sovereign investors are keen on getting exposure to consumers. Podotree Inc. has raised 125 billion KRW (US$ 106.5 million) from an investor group led by Hong Kong-based Anchor Equity Partners. Podotree is a mobile content subsidiary of Jeju City-based Kakao Corporation, the largest chat app operator in South Korea. Other investors in the group […]

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