Thursday, August 5, 2021

KakaoBank, South Korea's first internet-only lender, goes public, shares rose more than 70% in its trading debut in Seoul, giving it a market value of ~$28B (Bloomberg)

Bloomberg:
KakaoBank, South Korea's first internet-only lender, goes public, shares rose more than 70% in its trading debut in Seoul, giving it a market value of ~$28B  —  - Bank's $2.2 billion IPO is Korea's second-largest this year  — Company becomes Korea's biggest lender by market cap



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