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Naver to invest KRW 500 bln in tech, content business

Wednesday 23 November 2016 | 09:26 CET | News
South Korean internet portal operator Naver will invest KRW 500 billion (approximately USD 425 million) in boosting its technology development and content business over the next five years, The Korea Times reports, citing Naver CEO appointee Han Seong-sook. Naver plans to spend KRW 100 billion in small businesses and supporting content creators to enter global markets. Naver reports it invested KRW 200 billion won in the last five years.

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Categories: Internet
Countries: Korea, Republic of
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