Korea’s Naver backs Southeast Asia-based e-commerce startup iPrice
iPrice, an e-commerce aggregation service in Southeast Asia, has landed a strategic investment from Naver — the Korean internet giant that’s valued at over $21 billion — as part of a follow-on to the startup’s $4 million Series B from May.
There’s actually a strong connection around that recent round. It was led by Line Ventures, the investment arm of messaging app Line, which is owned by Naver . The size of the Naver investment hasn’t been disclosed, but
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