The deal follows a memorandum of understanding signed with AXZ's parent company Kakao in January and a four-month due diligence process. Under the agreement, Upstage acquires full ownership of AXZ ...
Korean AI startup Upstage said Thursday it has formally signed a contract with internet giant Kakao to acquire the country's No. 2 search engine, Daum.
The Chosun Ilbo on MSN
Upstage acquires Daum portal, advances AI search
Artificial intelligence (AI) startup Upstage has finalized its decision to acquire AXZ, the operator of the portal "Daum." On the 7th, Upstage announced that it had signed a definitive agreement with ...
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