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Event Brief

Upstage Signs Stake Swap Deal with Kakao

Upstage, an AI startup, has entered a stake swap deal with Kakao to acquire Daum.
WHO: Upstage, Kakao
WHAT: Stake swap deal to acquire Daum
WHEN: Jan 29, 2026 at 4:23 AM ET
WHERE: Seoul, South Korea
WHY: To enhance Upstage's capabilities in the AI sector
Sources (1): Yonhap Korea

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