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IGIS Asset Management’s Future Plans as Shareholder of Kakao Enterprise

2022. 01. 06 · Byungki Koh
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SPI ENGLISH EDITION

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IGIS Asset Management is scheduled to become a shareholder of Kakao Enterprise. IGIS will be participating in Kakao Enterprise’s rights offering with 10 billion won. IGIS Asset Management and its venture capital PE firm IGIS Investment Partners will be participating as investors. The investment represents less than 1% of the total shares outstanding, but with this move, IGIS is planning to strengthen any strategic collaborations with Kakao Enterprise in the future. Kakao Enterprise, an affiliate company founded by Kakao, conducts business in Artificial Intelligence (AI), and has even expanded into the logistics platform sector. hy (Korea Yakult) has recently made a strategic equity investment in Kakao Enterprise, which is strengthening […]

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