youru are holding daum, payout will be 71 u.s. dollars. companies are looking to perhaps complete this merger this week by september of this year. >> what does each one get out of this? >> kakao we have seen a lot of these mergers. facebook and whatsapp. rakuten is in there as well. for them, it gives them another platform. , that benefitsm them more at least on paper. it will be a good boost. they have been having trouble competing with a larger competitor. dropping on this news in south korea. more importantly, if you do the math -- we are waiting for kakao -- it works out to a value of 2.2 billion u.s. dollars. that is on your screen, the second one right there. and, it isare tame -- entertainment, it is seeing a boost of 12%. will have to see whether or not this merger actually complies with rules on backdoor listings. will be, both companies holding a joint press conference to talk about this further, why they chose to do this. >> david, many thanks indeed. >> now to thailand. it is 10:30 a.m. in bangkok where military leader's rx act

daum is smaller scale. a bigger rivalh which has had trouble competing.th boost kakao which is the most popular mobile service. >> do you use kakao> ? >> i do actually. i will show it. kakao talk. here we go. i don't really use it except to keep in touch with some south korean classmates. almost like we chatter whatsapp. aboutmes i get confused the differences between these mobile messaging services. >> why is that better than we chat? >> i wouldn't say it is better but if you are into those cute stickers, this is i guess the app for you. on that note, let's leave it there. >> almost as cute as yamane. he is very tall indeed. thanks for that, david ingles. yao ming may be heading back to the nba. he is said to be putting together a group of chinese investors. our chinall correspondent that anything is possible. >> how does the china clipper's sound? there was a service by that name in the 1930's but as for yao ming possibly buying the l.a. clippers, the former nba star says there is nothing substantial to the rumors but he didn't swab the notion away comp