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April 18, 2024

Naver to invest W80.9b in Japanese affiliate

PUBLISHED : August 10, 2018 - 09:14

UPDATED : August 10, 2018 - 09:14

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[DISCLOSURE] Naver (035420) announced on Aug. 9 that it has decided to invest 80.9 billion won (US$71.94 million) in its Japanese affiliate Naver J.Hub by acquiring 800,000 shares “to expand overseas business.”

By Hwang You-mee (glamazon@heraldcorp.com)

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