$1.5b

Bloomberg Businessweek (Europe) - - MARKETS/FINANCE -

Kakao makes an of­fer for a K-pop stream­ing busi­ness. South Korea’s chat app leader is look­ing to ac­quire Loen En­ter­tain­ment, op­er­a­tor of the Spo­tify-like MelOn mu­sic stream­ing ser­vice.

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