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Kakao founder summoned by prosecutors amid expanding investigation into South Korean tech giant

By Jenny Lee
  • 09 Jul 2024 08:13
  • 09 Jul 2024 08:13
Kim Beom-su, founder of South Korean tech giant Kakao, was summoned today by prosecutors investigating allegations of stock manipulation related to the company's acquisition of K-pop label SM Entertainment.
The Seoul Southern District Prosecutor's Office is questioning Kim on charges of violating capital market law, about eight months after the

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Jenny Lee

Correspondent


Jenny joined MLex’s Seoul bureau in 2021 as a correspondent focusing on competition law and data privacy and security. Jenny received a Master’s degree from Northwestern University’s renowned Medill School of Journalism and worked for a number of news organizations in the US, including the Associated Press Television News, McClatchy and Voice of America, where she worked for almost three years in Washington DC. She returned to her native South Korea in 2019 as a reporter for Wired Korea.

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