Kakao and its subsidiaries have lost $16B+ in market value this month amid S. Korea’s tech crackdown and as some lawmakers call the company “a symbol of greed” (Youkyung Lee/Bloomberg)

Kakao and its subsidiaries have lost $16B+ in market value this month amid S. Korea’s tech crackdown and as some lawmakers call the company “a symbol of greed” (Youkyung Lee/Bloomberg)

Youkyung Lee / Bloomberg:
Kakao and its subsidiaries have lost $16B+ in market value this month amid S. Korea’s tech crackdown and as some lawmakers call the company “a symbol of greed”  —  – Kakao shares fell 17% in two days on lawmaker, regulator moves  — Sell-off creates ‘classic buying opportunities,’ CLSA says