Tencent says reports of its interest in Nexon, Kakao's mobility unit are untrue
18/06/2025 13:26
SHANGHAI, June 18 (Reuters) - Tencent said reports that it is studying deals for Nexon 3659.T and Kakao's 035720.KS mobility unit are untrue. The Korea Economic Daily reported on Wednesday that Tencent was interested in buying a 40% stake in Kakao's mobility unit from financial investors. Bloomberg reported last week that Tencent was studying a deal for $15 billion South Korean game developer Nexon. (Reporting by Brenda Goh and Liam Mo Editing by Tomasz Janowski) ((brenda.goh@thomsonreuters.com; +86 (0) 21 2083 0088; Reuters Messaging: brenda.goh.thomsonreuters.com@reuters.net))