Kakao is now the 2nd largest shareholder of SM Entertainment by securing 9.05% of its stake.
Kakao Ent. and SM Ent. planse to cooperate to strengthen the competitive IP and promoting global management business.https://t.co/R96Bvgz3pR#KoreanUpdates VF pic.twitter.com/33Ch7hbWXY— KoreanUpdates! (@KoreanUpdates) February 7, 2023
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