- Kakao Entertainment has raised $966 million (1.2 trillion won) in financing from sovereign wealth funds.
- Investors include Saudi Arabia’s Public Investment Fund (PIF) and Singapore-based PWARP Investment.
- Kakao Entertainment is the entertainment subsidiary of South Korean internet giant Kakao.
- The company operates storytelling platforms (web novels and webtoons), music, K-pop artists management, and other media (movies and more).
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