News

Dow Jones Newswires: Kakaopay has volatile trading debut in South Korea after IPO

Mobile-payments company Kakaopay Corp. soared in its trading debut in South Korea on Wednesday, boosting its market value to beyond that of the country’s top lender.

Shares of the fintech company affiliated with internet group Kakao Crop. more than doubled from their IPO price of KRW90,000 ($76) for most of the session.

The stock was trading…

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

More in:News

Leave a reply

Your email address will not be published. Required fields are marked *

Next Article:

0 %