naver open talk
Scope
Date
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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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Entertainment
HYBE’s $400 mn rights offering for Ithaca merger to open June 1-2
HYBE Co., the music and entertainment agency behind BTS, on Jun 1-2 will open the subscription for its rights issue shares worth 445.5 billion won (...
May 26, 2021 (Gmt+09:00)
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Fintech
KakaoBank’s skyrocketing valuation fuels debate on financial reform
There have been near-endless debates regarding the “proper valuation” of KakaoBank, South Korea’s largest internet-only bank that ...
May 25, 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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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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Korean startups
E-sports startup Bigpicture Interactive in talks to raise over $9 mn
South Korea-based e-sports startup Bigpicture Interactive Corp. is currently in talks with various venture capital firms to raise over 10 billi...
May 16, 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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COVID vaccines
Samsung Biologics in talks to produce Pfizer’s COVID-19 vaccine
South Korea’s Samsung Biologics Co. is in talks with Pfizer Inc.to produce the US drugmaker’s COVID-19 vaccine under a contract manufact...
May 12, 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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ASK 2021
Howard Marks to talk about post-pandemic investments
Veteran value investor Howard Marks, Oaktree Capital Management co-founder and co-chairman, will give a keynote speech on the topic of "Investing in t...
May 04, 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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Mergers & Acquisitions
Hyundai denies talks to sell stake in Rotem to Siemens
Hyundai Motor Co. said on Wednesday that it is not seeking to sell a stake in Hyundai Rotem Co., in response to reports that the South Korean carmak...
Apr 20, 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 chipmakers
Samsung walks tightrope on US investment; invited to White House talks
Samsung Electronics Co., the only South Korean company invited to a special White House meeting on the global semiconductor shortage, is likely to f...
Apr 12, 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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Automobiles
SK Hynix in talks to supply automotive DRAM to Bosch
South Korea’s SK Hynix Inc. is in talks to supply its memory chips for cars to Robert Bosch GmbH, a German multinational tech giant, given acc...
Apr 06, 2021 (Gmt+09:00)
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Digital contents
Kakao in talks to buy US fiction app in heated IP rivalry
South Korea's mobile giant Kakao Corp. is in negotiations to buy the management rights of US-based mobile fiction startup Radish Fiction for around ...
Apr 04, 2021 (Gmt+09:00)
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Sovereign wealth funds
KIC opens San Francisco office to boost VC deals
The Korea Investment Corporation (KIC) officially opened its San Francisco office on Mar. 26, as part of its efforts to improve deal sourcing and in...
Mar 26, 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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COVID-19
Green Cross in talks with Russia to produce COVID-19 vaccine
South Korea’s pharmaceutical company Green Cross Corporation (GC) is holding a series of close meetings on contract manufacturing of Russia&rs...
Mar 18, 2021 (Gmt+09:00)
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Share swap
Shinsegae, Naver ink $221 mn share swap to rival Coupang in e-commerce
South Korea’s retail giant Shinsegae Group and top portal operator Naver Corp. have agreed to a 250 billion won ($221 million) share swap to s...
Mar 16, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Daewoo E&C up for sale; in talks with local PEF over $1.58 bn deal
Daewoo Engineering & Construction Co. is up for sale as its main creditor hopes to cash out of the South Korean builder on the back of its impro...
Mar 11, 2021 (Gmt+09:00)
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Overseas expansion
Regulations drive Naver to seek growth abroad
South Korean platform giant Naver Corp. is seeking growth opportunities abroad to avoid regulatory constraints that hinder its operations at home. T...
Mar 10, 2021 (Gmt+09:00)
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Business & Politics
Naver, E-Mart in share swap talks ahead of Coupang's US IPO
South Korea’s largest online platform Naver Corp. has tentatively agreed to swap its shares with E-Mart Inc., Shinsegae's supermarket chain, a...
Mar 10, 2021 (Gmt+09:00)
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SK in stake sale talks for SPC set up to buy Plug Power
SK Holdings Co. is in negotiations with several private equity firms to sell up to a 49% stake in a special purpose company (SPC) set up to invest $...
Mar 09, 2021 (Gmt+09:00)
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Corporate bonds
Naver picks underwriters for first global bond sale
Naver Corp., South Koreans’ largest online portal, has picked Morgan Stanley and Mirae Asset Daewoo Securities Co. to underwrite its first glo...
Mar 07, 2021 (Gmt+09:00)
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Batteries
LG Energy, GM in talks to build 2nd EV battery plant in Tennessee
South Korea’s LG Energy Solution Ltd. is exploring building a second electric car battery plant in the US with joint venture partner General M...
Mar 05, 2021 (Gmt+09:00)
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Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess