Kakao Games Co. has sold its entire stake in golf subsidiary Kakao VX to Kakao Investment’s IVG for 210 billion won, securing 156.2 billion won in new capital to focus on core gaming IP expansion amid a post-pandemic golf market slowdown.
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Kakao Games Sells Golf Business 'Kakao VX' to Kakao Investment

Kakao Games Co. has sold its entire stake in golf subsidiary Kakao VX to Kakao Investment’s IVG for 210 billion won, securing 156.2 billion won in new capital to focus on core gaming IP expansion amid a post-pandemic golf market slowdown.

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