S.Korea's Kakao Pay cuts IPO target by 6% to $1.3 billion - NewsBreak

SEOUL (Reuters) -South Korean fintech company Kakao Pay Corp cut its planned initial public offering (IPO) target to up to 1.5 trillion won ($1.29 billion) from a previously announced 1.6 trillion won, it said on Tuesday. The adjustment from the company backed by Chinese e-commerce company Ant Group follows a...