Tag: Naver
Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace
Through all of the last year’s lockdowns, venue closures and other social distancing measures that governments have enacted and people have followed to slow the spread of COVID-19, shopping — and specifically e-commerce — has remained a consistent and hugely important service. It’s not just something that we had to…
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South Korea’s biggest web company acquires Wattpad for $600 million
Webtoon and Wattpad may soon be inextricably linked. Naver, the South Korean internet giant behind the Webtoon digital comics platform, will acquire Wattpad for a deal worth US$600 million in cash and stocks. The two websites will have a “connected e… Source
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Payments app True Balance raises $28 million to reach more underbanked users in India
True Balance, a South Korean startup which runs an eponymous financial services app aimed at tens of millions of users in small cities and towns in India, said on Wednesday it has raised $28 million in a new financing round and expects to turn a profit next year. SoftBank Ventures…
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Snow’s avatar app Zepeto registers 150M users, eyes China market
Some of you may recall the South Korean app Zepeto that went viral among Gen Z users a year and a half ago. The app, which renders selfies into animated avatars and lets people adorn their computer-generated manifestations with virtual items, appears to have sustained its relevance. It has amassed…
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