Shares in Kakao Pay, the fintech unit of South Korea’s largest messaging app operator Kakao Corp, closed up 114% in its market debut on Wednesday. The Ant Financial-backed company ended day one of trading at $163.3 (193,000 won), securing a market capitalization of $21.2 billion. Kakao Pay’s shares surged as high as $194.6 (230,000 won) […]
Read the full article at: techcrunch.com
Source: https://www.lendacademy.com/korean-online-payment-service-kakao-pay-surges-nearly-114-on-the-first-day-of-trading/More from Lend Academy
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