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Naver Corp. introduced Npay Startup on July 7 to connect brokerages and venture capital firms with local startups. The project was developed jointly with South Korean regulators and the Ministry of SMEs and Startups.
YonhapNaver Corp. launched the Npay Startup platform on July 7 to connect investors such as brokerages and venture capital firms with startups through a single site, Yonhap reported. A launch ceremony took place at the company's second office building in Seongnam, south of Seoul.
Officials from the Financial Supervisory Service, the finance sector and the venture sector attended. The platform will operate as an independent website. It was developed jointly by Naver, the Financial Supervisory Service and the Ministry of SMEs and Startups to improve access to investment information on local venture companies.
After a three-month test run, Naver will work with related agencies on data consistency validation and will expand the number of participating entities, the company said.
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asiaone.comThe measure took effect Tuesday and targets news organizations and large social media platforms that spread false or manipulated content for harm or profit. It requires platforms with over one million daily users to act on reports and imposes fines up to 1 billion won for repeat…
abcnews.go.comClashes at Negombo prison left 26 dead and more than 100 wounded after rival gangs fought and inmates attacked guards. Order was restored Monday evening with leaders transferred and security reinforced. Three investigations are examining the causes.
YonhapThe Supreme Court said Tuesday it will permit live coverage of its July 9 ruling in the obstruction case against former President Yoon Suk Yeol. The decision rejects objections from Yoon's legal team and marks the court's first verdict on charges linked to his 2024 martial law de…