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(Seoul = Yonhap News) Reporter Lee Hyo-seok = Naver invested about 150 billion won in Spanish e-commerce company’Wala Pop’.
According to foreign media on the 25th, Naver indirectly invested 115 million euros (155.5 billion won) in Wallapop through the European startup investment fund’K-Fund’.
Wallapop is an e-commerce app actively used in Spain. It is said that it is often used for second-hand transactions between individuals, such as’Carrot Market’ and’Lightning Market’.
A Naver official said, “The investment is true, and it is a decision that takes into account the fact that the resell sector is attracting attention,” he said.
Naver is investing in European startups through the K-fund invested in 2016. K-Fund is a fund managed by Corelia Capital, a venture capital (VC) founded by former French Minister of Culture, Fleur Pellerin.
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2021/02/25 18:37 sent
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