Korean Internet Company Naver Completes Acquisition of Poshmark
Naver Corporation, Korea’s largest internet company, announced the completion of its previously-announced acquisition of Poshmark, Inc. (“Poshmark”).
Poshmark Acquisition Under Investigation By 2 Separate Law Firms
Today two law firms announced they are investigating the Poshmark acquisition under suspicions of breaches of fiduciary duty and other violations.
Poshmark To Be Acquired by Leading South Korean eCommerce Company Naver
Naver, Korea’s largest internet company, announced that they have entered into a definitive agreement to acquire Poshmark.
eBay Confirms Sale of eBay Korea Business Unit – But Will Keep 20 Percent Stake – Updated
It appears the long journey started early in 2020 to find a buyer for eBay Korea has come to an end somewhat. Over a week…
Report: eBay to Sell South Korean Unit for $3.6 Billion to Shinsegae-Naver Consortium
Local South Korean news reports claim eBay has finalized a deal for its South Korean business for $3.6 billion to a consortium that includes retailer…