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Krafton’s IPO launch didn’t go to plan thanks to China and Tencent

Yesterday was supposed to be a huge day for Krafton, the South Korean gaming giant behind everything from TERA to PUBG, as it launched its initial public offering. As GIbiz notes, its IPO share price was 498,000 KRW (about $430 US), but as the market opened, shares were already trading down 10%, sinking to 20% […]Original Article

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