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Google Hit With $177 Million Fine In South Korea For Abusing Their Smartphone Dominance
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Google hit with a huge fine in South Korea over monopoly issues
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Competing firms in Yogiyo’s sale
As per The Korea Herald, the acquisition of Yogiyo has also attracted Shinsegae, a South Korean department store franchise, and Yanolja, a booking platform for accommodations and other travel services.
It was added that a large big private equity fund is also competing to buy the country s largest delivery firm. All of the bidders are looking forward to purchasing a 100% stake in Yogiyo.
Currently, it is only the preliminary bidding, but all of them are eager to make it to the finals. Sources revealed that there are about eight bidders that are vying to acquire the said Korean delivery platform. Previously, GS Retail and Lotte have also expressed interest in buying Yogiyo but both did not participate in the bidding.
The growth of a kiwifruit giant - FreshFruitPortal com
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