POPA ReconKakao Games provides another 8 billion won to Metabora Original text
Kakao Games provides another 8 billion won to Metabora Original text Supported long-term loans worth 8 billion won to Metabora. The maturity is 2 years and the interest rate is 4.6%. With this support, the total amount borrowed by Metabora from Kakao Games increased to 17 billion won. As the market recession and business slump continued, the company entered a state of complete capital erosion starting in 2022. Last year, Metabora's total capital amounted to -36.5 billion won, leading to complete capital erosion, and its net loss during the same period was 10.3 billion won.
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