Naver, CJ Sign Share-swap Deal in Strategic Tie-up

SEOUL, Oct. 26 (Korea Bizwire) — South Korea’s top online portal operator Naver and entertainment and logistics giant CJ Group signed a share-swap deal Monday in a strategic tie-up to boost their competitive edge in the e-commerce and entertainment industries, officials said. Under the deal worth 600 billion won (US$531 million), Naver will acquire a [...]