South Korea's Kakao opposes US ADR listing plan for Kakao Mobility
22/09/2026 09:41
South Korea's Kakao opposes US ADR listing plan for Kakao Mobility SEOUL, Sept 22 (Reuters) - South Korean tech company Kakao 035720.KS said its board had resolved to oppose a proposed US ADR listing of subsidiary Kakao Mobility based solely on shares held by private equity firm TPG, according to a regulatory filing on Tuesday.
(Reporting by Kyu-seok Shim; Editing by Emelia Sithole-Matarise)
Recent news on Kakao
See all newsSouth Korea prosecutors seek 15-year jail term for Kakao founder, Yonhap reports
South Korea's Kakao opposes US ADR listing plan for Kakao Mobility
Brief: Kakao Entertainment Entered Into Strategic Partnership With Walt Disney Company Korea To Collaborate On Global Expansion And Crossover Of K-Pop Ip
South Korea picks SK Telecom, Kakao, KT for national AI project, Yonhap reports
Kakao to spin off chat app-based platform business into KakaoAI, relist in 2027 (updated)