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Hiroki not Takuya
Joined: 17 Apr 2012
Posts: 3047
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 Posted: Fri Jul 11, 2025 11:26 pm |
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| Quote: | | Radish... became widely known when Kakao Entertainment acquired the company in 2021 for 500 billion KRW (approximately US$440 million at the time)....Although the company did not specify the reason for the shutdown... kakao previously acknowledged a 460 billion KRW impairment loss on goodwill |
Translation: we paid way more than we should have and we now see there is no way we are getting that much return on investment back, time to cut and run to our other properties...
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lion1122
Joined: 12 Jul 2025
Posts: 64
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| Posted: Sun Jul 13, 2025 2:40 am |
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I think Kakao needs to change its management, and I don't think they'll recover the money they invested in this company.
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