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Founder of Kakao, South Korean Tech Giant, Arrested Over K-Pop Deal

Kim Beom-Su, the billionaire behind Kakao, was taken into custody on Tuesday on allegations of stock manipulation during a bidding war over a major K-pop agency.

Yan Zhuang
Author: Yan Zhuang

Written by

Yan Zhuang

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K-Pop, Kakao Entertainment Corp, KakaoTalk, Mergers, Acquisitions and Divestitures, South Korea
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