Naver Invests US$150 mln in Indonesian Media Firm

SEOUL, April 7 (Korea Bizwire) — Naver Corp., South Korea’s top internet portal operator, said Wednesday it has made a strategic investment of US$150 million in Indonesian media giant Emtek to strengthen its foothold in the Southeast Asian market. Emtek operates broadcast channels, as well as the over-the-top service Vidio, overseeing media content production and [...]