Daum's chief Choi Sae-hoon (left) and his counterpart at Kakao, Lee Sir-goo, announce their merger in Seoul yesterday. Photo: AFP

Tencent expansion in Asia may be bolstered by Kakao connection

Stake in Korean messaging service may see mainland firm gain from takeover of web portal

Topic |   Tencent

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Daum's chief Choi Sae-hoon (left) and his counterpart at Kakao, Lee Sir-goo, announce their merger in Seoul yesterday. Photo: AFP
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