Asia Digest: Saudi wealth fund may invest in Kakao arm; Laundrygo bags $37m

Asia Digest: Saudi wealth fund may invest in Kakao arm; Laundrygo bags $37m

Kakao Games

Saudi Arabia’s wealth fund is said to be planning a large-scale investment in Kakao Group’s entertainment unit, while SoftBank-backed Laundrygo has reportedly closed a $37-million Series C funding round.