Home / ebay / Tencent, eBay join Kakao bid for new South Korean Internet bank – Reuters

Tencent, eBay join Kakao bid for new South Korean Internet bank – Reuters


Reuters

Tencent, eBay join Kakao bid for new South Korean Internet bank
Reuters
Tencent and eBay will make their investments through subsidiaries, which are expected to take stakes of 4 percent or less in the bank should a license be gained, a Kakao spokesman said. He declined to comment on financial terms. South Korea is expected …
China's Tencent, eBay join messaging app Kakao's bid for new South Korean South China Morning Post (subscription)

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