Kakao Corp and Daum_announced today that they will merge through an equity swap, creating a company with a 3.4 trillion won (about $2.9 billion) market capitalization. Kakao is the maker of KakaoTalk, South Korea’s top messaging service, while Daum is one of the country’s largest Internet portals._If the deal goes through, the combined company will be listed in October. Kakao… Read More