NAVER

Korean Tech Firm Naver Aims to Expand Use of Its Robots 
Korean Tech Firm Naver Aims to Expand Use of Its Robots 
December 26, 2023  |  artificial intelligence

South Korea’s Naver reportedly wants to export its 5G-based cloud robotics technology to new countries. The Seoul-based company makes service robots dubbed Rookies, the subject of a...

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Wallapop Raises $88M to Grow P2P Resale Marketplace
Wallapop Raises $88M to Grow P2P Resale Marketplace
January 20, 2023  |  Investments

Wallapop has reportedly raised 81 million euros (about $88 million) to grow its peer-to-peer marketplace. The Spanish firm, whose app facilitates buying and selling secondhand...

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Retailers Test Resale Market as Ticket to Acquiring Cost-Conscious Shoppers
Retailers Test Resale Market as Ticket to Acquiring Cost-Conscious Shoppers
January 16, 2023  |  Retail

Some clothing firms are mulling creative resale partnerships as economic concerns continue to plague the sector. Slumping sales have clothing merchants, from Big Retail to...

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Naver Completes Acquisition of Poshmark and Aims to Grow Globally
Naver Completes Acquisition of Poshmark and Aims to Grow Globally
January 06, 2023  |  Acquisitions

Naver has completed its previously announced acquisition of Poshmark and aims to grow it globally. The Korean internet company said in a Thursday (Jan. 5)...

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Poshmark Buyout Reflects Hidden Value Within Battered Resale Industry
Poshmark Buyout Reflects Hidden Value Within Battered Resale Industry
October 04, 2022  |  Retail

After months of declines that have seen investors fleeing and crushed valuations, the sudden outside interest of South Korea’s largest eCommerce group in acquiring Poshmark...

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South Korea’s Naver to Buy Poshmark in Bid to Boost eCommerce
South Korea’s Naver to Buy Poshmark in Bid to Boost eCommerce
October 03, 2022  |  Acquisitions

New and used apparel and home goods reseller market Poshmark said it is being acquired by South Korea’s Naver Corp., the companies announced Monday (Oct....

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Korean Regulators Grapple With Next Steps as Techs Firms Expand Into Finance
Korean Regulators Grapple With Next Steps as Techs Firms Expand Into Finance
January 05, 2022  |  Regulation

Naver and Kakao, two of the largest online service providers in South Korea, are taking steps into financial services, pushing financial institutions (FIs) to better...

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LINE App, Yahoo Japan Plan Merger
LINE App, Yahoo Japan Plan Merger
November 13, 2019  |  Partnerships / Acquisitions

Yahoo site operators in Japan and messaging app LINE are looking to merge into a “super app” that would combine retail, finance and a slew...

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