Ranked: All 32 billion-dollar mobile internet startups (report)

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South Korean messaging monster Daumkakao, which is the result of a merger between Daum and Kakao, jumped both 15 places and $7.5 billion in value since the last index, hitting sixth place with an estimated value of $9.5 billion. Meanwhile, U.K.-based gamemaker King has hit a rough spell, dropping both seven spots and $2.4 billion.

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