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Coronavirus

Kakao tops Hyundai in market cap as pandemic shakes up Korea Inc.

Demand for digital services gives boost to internet companies

Internet companies have thrived amid the coronavirus outbreak, while more traditional companies have struggled. (Source photo by Getty Images)

SEOUL -- The coronavirus pandemic has shaken up South Korea's ranking of biggest companies by market cap as technology companies rally thanks to increasing demand for contact-free life, while traditional manufacturers are struggling to cope with the sudden change.

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