Kakao Mobility Hails Carlyle For $200m

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The Carlyle Group has agreed to take a position up to $200 million in Kakao Mobility, a South Korea-based company that provides an app for ridehailing and different mobility services. It spun off from the bigger Kakao internet providers company in 2017. Funds for the investment will come via Carlyle Asia Partners V, which closed on $6.fifty five billion in 2018.

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