Tencent says reports of its interest in Nexon, Kakao's mobility unit are untrue
A man walks outside the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton/File Photo
SHANGHAI :Tencent said reports that it is studying deals for Nexon and Kakao's mobility unit are untrue.
The Korea Economic Daily reported on Wednesday that Tencent was interested in buying a 40 per cent stake in Kakao's mobility unit from financial investors.
Bloomberg reported last week that Tencent was studying a deal for $15 billion South Korean game developer Nexon.
Source: Reuters
