Ant-backed Kakao Pay expects IPO to raise up to $1.4 billion
https://www.reuters.com/article/us-kakao-pay-ipo/ant-backed-kakao-pay-expects-ipo-to-raise-up-to-1-4-billion-idUSKCN2E80SU
SEOUL (Reuters) -South Korean fintech company Kakao Pay Corp's planned initial public offering (IPO) next month is expected to raise up to 1.6 trillion won ($1.4 billion), at the top end of an indicative price range, it said on Friday.
