Naver Wraps Up Poshmark Acquisition

Naver, which said it was buying apparel resale site Poshmark for $1.2 billion in October, said Thursday that it has completed the deal. Naver said the acquisition will “create a global player in onlin...

Poshmark to Sell Itself for Less Than Half Its IPO Price to Korea’s Naver

Listen to article (2 minutes) Poshmark has agreed to sell itself in a deal that values the social shopping marketplace at less than half the price where it went public in early 2021. South Korean inte...

Korean Internet Giant Naver To Buy American Fashion Reseller Poshmark For $1.2 Billion

Naver cofounder Lee Hae-jin. ALAIN JOCARD/AFP via Getty Images South Korean billionaire Lee Hae-jin’s Naver, the country’s largest internet company by market capitalization, agreed to acquire American...

Naver and Line Introduce NFT Platform for K-Pop Enthusiasts

Naver Corp, which is based out of South Korea and falls into the bracket of being a prominent internet bigwig, is extremely excited and enthusiastic about their launching of the non-fungible token (NF...

Webtoon Is Paying Its Creators Millions To Make Mobile Comics

Eatornal Noctournal, a popular series on Webtoon by artist instantmiso instantmiso/Webtoon Webtoon, the popular mobile online comics platform owned by Korean tech giant Naver, just announced its payme...

The Dark Storyline Of ‘Sound Of Magic’ Compels Viewers To Believe

A mysterious magician seeks to help a desperate teen. Netflix Do you believe in magic? If your life is as grim as Yoon Ah-yi’s in the Korean drama Sound of Magic, you may need to believe in magic to s...