Naver agrees to acquire Dunamu, which runs South Korea's biggest crypto exchange Upbit, in a $10.3B all-stock deal; Upbit has 80%+ market share in South Korea
Naver Corp. agreed to acquire Dunamu Inc., operator of South Korea's biggest crypto exchange Upbit, in an all-stock deal valued …
Swedish investment firm EQT agrees to invest $930M in Douzone Bizon, a South Korea-based provider of ERP and business software to SMBs, for a 37.6% stake
Atharva Singh / Reuters :
Diplomats and others fear a rift between SoftBank and Naver over the ownership of messaging app Line could put stress on ties between Japan and South Korea
SoftBank and Naver helped bridge geopolitical relations with a joint venture to own the operator of the messaging app Line, but now the partnership is fraying.
South Korea-based Naver signs a 2024 to 2029 deal with Saudi Arabia to build digital twins of Riyadh, Medina, Jeddah, Dammam, and Mecca, sources say for $100M+
Kim Na-young / Yonhap News Agency :
Crypto.com says it secured registrations to operate as a virtual asset service provider in South Korea, and acquires two local startups for undisclosed amounts
https://crypto.com/ now holds both EFTA and VASP registrations in 🇰🇷 Onwards! https://twitter.com/...
South Korea retailer E-Mart buys 80% stake in eBay's South Korean business for $3B
LG Electronics says it is terminating its smartphone business, which has lost money for years
South Korea group faced lack of in-house chip supply and rise of Chinese rivals — SEOUL — LG Electronics said Monday that its board decided to terminate the company's loss-making smartphone business...
Delivery Hero agrees to sell its existing business in South Korea after antitrust regulators mandated it before its $4B takeover of Woowa Brothers could proceed
Uber to invest $50M in SK Telecom's T Map Mobility in South Korea, and $100M in a new ride-hailing joint venture with SK Telecom for a 51% stake
Sohee Kim / Bloomberg :
South Korea-based NXC, which owns local cryptocurrency exchange Korbit, has acquired Bitstamp, EU's largest cryptocurrency exchange by volume
NEW YORK (Reuters) - NXMH, a Belgium-based investment company, has acquired digital currency exchange Bitstamp in an all cash deal …