Kakao to buy fashion app, pushing aside eBay Korea
By Lawce in Business
Updated 3 years ago
Kakao Corp., South Korea's top mobile messaging app operator, is set to acquire a majority stake in the domestic online fashion platform targeting teenagers and twentysomethings, Zigzag, after it dropped a bid for eBay Korea, according to investment banking and IT industry sources on Apr. 8. Kakao will likely sign...