Naver digital twin Saudi Arabia
Scope
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Healthcare
Israel’s Nanox begins production of digital X-ray components in Korea
Nano-X Imaging Ltd. (Nanox), an Israeli startup listed on the Nasdaq last August, has started manufacturing digital X-ray components in South Korea....
Jun 22, 2021 (Gmt+09:00)
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Culture & Trends
Naver's Line makes remote working the new norm; who will be next?
South Korea-based Line Plus Corp. is set to become the country's first large business group to allow employees to work from home permanently. T...
Jun 18, 2021 (Gmt+09:00)
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E-commerce
Naver tipped to pull out of Shinsegae-led eBay Korea deal
In the latest twist to the pending deal worth nearly $4 billion, South Korea's online titan Naver Corp. has tentatively decided to withdraw from a S...
Jun 17, 2021 (Gmt+09:00)
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E-commerce
Shinsegae-Naver consortium one step closer to eBay Korea acquisition
Shinsegae is the likely winner of the eBay Korea acquisition, outplaying its rival Lotte in the prolonged race to buy the country’s third larg...
Jun 16, 2021 (Gmt+09:00)
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Fintech
Naver, techfins poised to spark Korean loan market's Big Bang
South Korea's online giant Naver Corp. is preparing to join a government-initiated fintech platform, on which individual borrowers can directly sear...
Jun 16, 2021 (Gmt+09:00)
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Healthcare
KT makes another step beyond telecom, enters digital therapy sector
The telecom companies in South Korea, one after another, are taking bold steps outside their traditional turf of mobile business. They are eng...
Jun 15, 2021 (Gmt+09:00)
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Korean startups
Mirae, Naver set for hefty profit from Didi Chuxing IPO
The prospective initial public offering of DiDi Chuxing Technology Co., China's largest ride-hailing app, is expected to generate as much as 200 bil...
Jun 15, 2021 (Gmt+09:00)
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Webtoons
Naver vs. Kakao: Global webtoon duel extends into Southeast Asia
The global webtoon battleground between South Korea's leading platforms Naver Corp. and Kakao Corp. has expanded into Southeast Asia with each compa...
Jun 14, 2021 (Gmt+09:00)
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Banking & Finance
Hana Financial partners with Line to launch digital bank in Indonesia
Naver Corp.’s Japan-based messaging app affiliate Line Corp. is rapidly expanding its digital banking business in Asian countries outside Kore...
Jun 13, 2021 (Gmt+09:00)
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Insurance
Kakao enters insurance sector for synergy with its online platforms
Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...
Jun 11, 2021 (Gmt+09:00)
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Korean startups
Naver-invested startups' combined valuation increases sixfold; tops $1 bn
The combined valuation of some 70 tech startups that received funding from the platform giant Naver Corp. has reached around 1.3 trillion won ...
Jun 09, 2021 (Gmt+09:00)
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E-commerce
Kakao's fresh e-commerce strategy puts Naver, Coupang on guard
South Korea’s mobile platform Kakao Corp. is set to shake up the country's e-commerce market in the second half of the year with the launch of...
Jun 07, 2021 (Gmt+09:00)
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E-commerce
Naver to challenge Amazon with launch of Smart Store platform in Spain
South Korea’s top online portal operator Naver Corp. is taking its online shopping platform Smart Store to Spain to support small merchants in...
Jun 06, 2021 (Gmt+09:00)
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Enterprise value
Kakao just behind rival Naver in market cap, may overtake soon
South Korean mobile platform giant Kakao Corp.’s enterprise value is rising backed by its strong business performance, threatening to overtake...
Jun 03, 2021 (Gmt+09:00)
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Media
Naver to gain toehold in OTT market via CJ ENM
South Korea's Naver Corp. is expanding its footprint into the over-the-top (OTT) media service market by acquiring a stake in CJ ENM Co.'s OTT platf...
Jun 02, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SM Entertainment emerges as next flashpoint for Kakao, Naver rivalry
As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...
Jun 01, 2021 (Gmt+09:00)
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Korean startups
K-pop content platforms team up to take lead in community market
Platform operators targeting global K-pop fans are mired in fierce competition as companies team up to vie for the lead in the fan community platfor...
May 31, 2021 (Gmt+09:00)
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Deals
Naver, CJ ENM join forces to acquire Korea's No.3 web novel platform
South Korea’s platform giant Naver Corp. has joined forces with CJ Group to acquire the country's leading web novel platform Munpia Inc. in a ...
May 28, 2021 (Gmt+09:00)
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Metaverse
Metaverse makes digital nomads the new norm
It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangnam, one of South Kore...
May 26, 2021 (Gmt+09:00)
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Webtoons
Concurrent deal closings by Kakao, Naver: Mere coincidence?
Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) inve...
May 24, 2021 (Gmt+09:00)
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ASK 2021 Interview
Sculptor Capital bets on non-traditional real estate
Non-traditional real estate assets such as cell towers, parking lots and marinas will likely provide significant investment opportunities to debt in...
May 20, 2021 (Gmt+09:00)
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E-commerce
Naver, Shinsegae in talks to team up for eBay Korea
Naver Corp., South Korea's top online portal, is in talks with the country's retail giant Shinsegae Group about a joint bid for eBay Korea -- a deal...
May 19, 2021 (Gmt+09:00)
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Digital currency
Naver joins Korean central bank's digital currency initiative
South Korea’s platform giant Naver Corp. is taking the leap into the digital currency platform market with its plans to participate in the Ban...
May 14, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Naver vs Kakao: Intense rivalry to extend beyond Asia
South Korea's two online giants Naver Corp. and Kakao Corp. have completed their respective acquisitions of storytelling platforms in the US and Can...
May 11, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Naver aims to overtake Chrome in Korea with own browser Whale in 3 years
South Korea’s top web portal operator and search engine Naver Corp. aims to overtake Google Inc.’s Chrome as the top web browser in the ...
Apr 27, 2021 (Gmt+09:00)
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Financing
Naver mulls US listing for webtoon business
South Korea’s top online portal Naver Corp. is considering more dollar bond sales after it raised $500 million last month in its first foreign...
Apr 21, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Naver, Kakao vie for Korean web novel platform
Naver Corp. and Kakao Corp., South Korea's two online giants, are competing to acquire Munpia Inc., their smaller domestic rival in the web novel ma...
Apr 15, 2021 (Gmt+09:00)
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Korean Investors
Naver invests $150 million in Indonesia’s No.1 media group Emtek
South Korea’s online platform giant Naver Corp. has invested $150 million in Elang Mahkota Teknologi (Emtek), Indonesia’s largest techno...
Apr 07, 2021 (Gmt+09:00)
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Economy
KOTRA to lead trade digitalization with AI, big data
South Korea’s state-funded Korea Trade-Investment Promotion Agency (KOTRA) is undergoing a full-scale digital transformation to expedite inter...
Mar 31, 2021 (Gmt+09:00)
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Debt financing
Naver issues $500 million in first foreign debt amid strong demand
South Korea’s top online portal Naver Corp. has successfully issued its first foreign currency bonds worth $500 million amid strong demand as ...
Mar 23, 2021 (Gmt+09:00)
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