Naver Acquires 410 Billion KRW Stake in Big Hit Subsidiary BNX
[Asia Economy Reporter Kang Nahum] Naver (NAVER) announced on the 27th that it will acquire 3,485,801 shares of BNX for approximately 411.9 billion KRW.
After acquiring the shares, Naver's stake in BNX will be 49%. Naver stated that the purpose of this stock acquisition is to "accelerate global growth in the entertainment platform market."
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BNX is a subsidiary of Big Hit and operates the fan community platform 'Weverse'.
This content was produced with the assistance of AI translation services.
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