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NVIDIA to Acquire $1 Billion Stake in South Korean Internet Portal Operator Naver

BlockBeats News, July 27th, NVIDIA will acquire a $1 billion stake in the South Korean Internet portal operator Naver, and Naver will simultaneously cancel ₩1 trillion worth of treasury stocks.


Following this news, South Korean NAVER's stock price rose 8% at the opening.

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This means that South Korea's largest internet company will control South Korea's largest cryptocurrency exchange platform.
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