NAVER Corporation (035420.KS)
- Bloomberg
Naver-Backed Webtoon Likely to Price IPO at Top of Range
(Bloomberg) -- Online comics company Webtoon Entertainment Inc. priced shares in its US initial public offering at the top of a marketed range to raise $315 million.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksSpaceX Tender Offer Said to Value Company at Record $210 BillionFedEx Stokes Investors With Hint of a Freight DealThe company, ba
- Bloomberg
Naver’s Webtoon Entertainment Files for US IPO Disclosing Losses
(Bloomberg) -- Webtoon Entertainment Inc. filed for a US initial public offering after backer Naver Corp. this year accelerated plans for the market debut of the online comics operator.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceHomebuyers Are Starting to Revolt Over Steep Prices Across USMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneySaudi Arabia Puts Wall Street on Notice to Set Up Shop in RiyadhModi Set for Landslide Election Wi
- Associated Press Finance
South Korea stresses need for fair treatment for Line chat app operator Naver
South Korea vowed Friday to protect its companies operating in other markets after Japanese regulators told LY Corp., which runs the popular chat app Line, to reduce its dependence on Naver, the Korean partner in the venture. The Japanese side instructed LY to improve its governance and rely less on Naver after the leak of more than 300,000 records, including information of Line users.
