Kakao Pay, the largest electronic wallet in South Korea, is listed on the market with a market value of $ 20 billion

36 氪 was informed that Kakao Pay, the largest electronic wallet in South Korea, was listed on the KOSPI motherboard in South Korea today. The issue price was 90,000 won per share (about $ 76.97).$ 100 million).Liu Rongjun, CEO of Kakao Pay, said that after listing, it will put the goal on other financial businesses in the cross -border payment industry and overseas markets, and increase investment in artificial intelligence and deep learning technologies.At the same time, Ant Group is the strategic investor of Kakao Pay and will maintain long -term cooperative relationship with it.