[Breaking] Naver Acquires North American Secondhand Trading Platform 'Poshmark'
[Asia Economy Reporter Kang Nahum] Naver (NAVER) announced on the 4th that it acquired 100% of the shares of Poshmark, a US secondhand trading site, through its wholly-owned subsidiary in the United States for 2.3441 trillion KRW.
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Regarding the purpose of acquiring the shares, Naver stated it is "to secure management rights of the issuing company for entry into the US commerce market."
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