Kakao to Acquire Live Commerce Firm Grip for 180 bln Won

SEOUL, Dec. 1 (Korea Bizwire) — Kakao Corp. will acquire a majority stake of live commerce startup firm Grip Co., according to sources Wednesday. The South Korean tech giant plans to acquire a 48 percent stake of the company for 180 billon won (US$152.5 million), sources familiar with the deal said. Established in 2018, the [...]