Skip to main content
See every side of every news story
Get Started
SubscribeLogin
Published • loading... • Updated

South Korea's Kakao Bank defends valuation method ahead of IPO

Summary by Ground News
Kakao Bank is South Korea's largest digital bank. CEO Yun Ho-young says Kakao Bank's valuation is reasonable because its business is based on mobile devices. Financial Supervisory Service has demanded that Kakao Pay correct its IPO prospectus. Last month, leading online game developer Krafton cut its IPO price by more than 10%.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

1 Articles

NikkeiNikkei
Lean Right

South Korea's Kakao Bank defends valuation method ahead of IPO

Digital lender aims to reach Asian markets after next month's share flotation

·Japan
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Nikkei broke the news in Japan on Tuesday, July 20, 2021.
Too Big Arrow Icon
Sources are mostly out of (0)
Blindspot Title And Logo
Stories disproportionately reported by the Left or the Right

Similar News Topics

Initial Public Offering (IPO) icon

Initial Public Offering (IPO)

Asia icon

Asia

South Korea icon

South Korea

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal