Macquarie Capital invests $10m in Korea's Yello Mobile
Korean mobile internet platform Yello Mobile has issued $10 million in convertible bonds to Macquarie Capital. The investment values the business at approximately $4 billion.
Yello Mobile said the commitment takes its total funding - across the parent company and its subsidiaries - to KRW350 billion ($300 million), including KRW60 billion in the second half of 2016 alone. ...
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