Naver Whale
Scope
Date
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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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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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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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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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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 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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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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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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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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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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Mergers & Acquisitions
Naver invests €115 mn in Spain’s virtual marketplace Wallapop
Naver Corp., South Korea’s top online portal, has invested €115 million in Wallapop, a Spanish virtual marketplace, as part of its effort...
Feb 25, 2021 (Gmt+09:00)
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IPOs
Naver Webtoon targets US listing by year-end
Naver Webtoon Ltd. has begun preparations to make its trading debut in the US by year-end, according to the investment banking industry on Feb. 17.S...
Feb 17, 2021 (Gmt+09:00)
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K-pop
Big Hit, Naver to join with Universal Music to take K-pop platform global
Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal Music Group, the wor...
Feb 04, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Behind the scenes of Naver’s $600 mn Wattpad purchase
Last August, online portal Naver Corp. entered into exclusive talks with Toronto-based Wattpad Corp. to buy a stake in the world’s largest web...
Feb 01, 2021 (Gmt+09:00)
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Platform investment
Naver plans over $1 bn bond issue in H1 to finance platform investment
Naver Corp., South Korea’s top online portal, plans a bond issue worth as much as 1.26 trillion won ($1.13 billion) in local and ove...
Jan 31, 2021 (Gmt+09:00)
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Partnerships
Naver, Big Hit, YG join forces to conquer K-pop fan community market
The K-pop fan community scene is set to heat up even further as South Korea platform giant Naver Corp. joins forces with BTS label Big Hit Entertain...
Jan 28, 2021 (Gmt+09:00)
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Upcoming IPOs
Naver-invested startups line up for IPOs; market seems welcome
South Korean startups invested in by top online portal Naver Corp. are gearing up for debuts on the local bourse amid expectations of a welcome mark...
Jan 25, 2021 (Gmt+09:00)
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Entertainment
Naver to enter strategic partnership with BTS label
South Korea’s internet giant Naver Corp. plans to enter into a strategic partnership with Big Hit Entertainment Co., the label behind K-pop se...
Jan 22, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Naver to acquire web novel platform Wattpad for $593 mn
South Korea’s portal giant Naver Corp. will acquire Wattpad, the world's largest web novel platform based in Toronto, for 653.2 billion wo...
Jan 20, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Internet portal Naver in negotiations to buy Korea’s Jeju Bank
Naver Corp., South Korea’s top online portal, is interested in buying Jeju Bank, named for and based on the country's largest island, to secur...
Jan 19, 2021 (Gmt+09:00)
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Pre-IPOs
Naver Webtoon taps foreign investors ahead of US listing
Global webtoon (digital comics) platform Naver Webtoon is paving the way to a listing in the US market, reaching out to foreign investors for pre-...
Dec 16, 2020 (Gmt+09:00)
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Pre-IPOs
HOLD Naver Webtoon taps foreign investors ahead of US listing
Global webtoon (digital comics) platform Naver Webtoon is paving the way to a listing in the US market, reaching out to foreign investors for pre-...
Dec 16, 2020 (Gmt+09:00)
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Webtoons
Naver, Kakao wrestle for crown in webtoon market
South Korea’s leading webtoon (digital comics) platforms are wrestling to secure the No. 1 position in the global market as they work to tak...
Nov 30, 2020 (Gmt+09:00)
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Tech, Media & Telecom
Naver confident third time’s a charm in Japan's search engine market
South Korea’s portal giant Naver Corp. is hoping third time’s a charm as it gears up to re-enter the Japanese search engine market after...
Nov 26, 2020 (Gmt+09:00)
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Tech, Media & Telecom
Naver, Kakao unsettled by Google's in-app payment policy
Global tech giant Google’s in-app payment policy has been coolly received by South Korea’s leading platform companies, fueling criticism...
Nov 25, 2020 (Gmt+09:00)
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Korean startups
Naver, Mirae Asset bolster presence in Southeast Asia via $898 mn fund
South Korea’s platform giant Naver Corp., alongside Mirae Asset Daewoo Co., has been increasing investments into promising startups in Southeast...
Nov 19, 2020 (Gmt+09:00)
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Earnings
Pandemic lifts Naver's Q3 sales to all-time high, net profit triples
South Korea’s largest internet portal Naver Corp.’s third-quarter net profit nearly tripled, while its sales rose to a record high, driven...
Oct 29, 2020 (Gmt+09:00)
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Business tie-ups
Naver, CJ ink $531 mn deal on entertainment content, logistics
South Korea’s largest internet portal Naver Corp. and logistics and entertainment conglomerate CJ Group have signed a 600 billion won ($531 mill...
Oct 27, 2020 (Gmt+09:00)
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