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Naver, Kakao fleeing to Japan for new businesses

Naver, Kakao fleeing to Japan for new businesses

Naver and Kakao are fleeing to Japan and other countries to start new businesses because of growing regulatory risks here amid conflicts with existing players, industry officials said Monday. The moves reflect the latest trend that not only manufacturing but also services companies are increasingly leaving Asia’s fourth largest economy to seek new opportunities abroad. […]

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