Naver's (KRX:035420) corporate venture capital arm D2SF invested in 115 seed and Series A tech startups over the past decade, achieving a 96% survival rate and a cumulative corporate value of 5.2 trillion won, Naver said in a Tuesday release.
About 64% of portfolio firms have launched collaborative initiatives with Naver. D2SF plans to continue nurturing South Korea's technology ecosystem and supporting global expansion through investments, value-up programs, and student startup competitions, the release said.
Shares of Naver fell 1% in recent trade.
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