Naver to Acquire Upbit Operator Dunamu, Raising Stakes Against Kakao in South Korea

Naver Corp. (KRX: 035420), South Korea’s leading search and e-commerce platform, is moving to acquire Dunamu, the parent company of the Upbit exchange, through a comprehensive stock swap. Once completed, Upbit would operate as a subsidiary under Naver. Both companies have already formed a task force to manage the integration. Following the announcement, Naver shares […] Read The Full Article Naver to Acquire Upbit Operator Dunamu, Raising Stakes Against Kakao in South Korea On Coin Edition.