Shares of South Korean internet giant Naver Corp. fell the most in seven years after the company agreed to buy online secondhand-fashion marketplace Poshmark Inc. in a deal valued at about $1.2 billion.
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Poshmark acquired by South Korea's Naver
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Naver to Acquire Poshmark - Licensing International
South Korea's Naver to buy US e-commerce site Poshmark for $1.2 bln
Must Read: South Korean Internet Giant Buys Poshmark for $1.2 Billion, Goodwill Launches Resale Site Featuring Luxury Brands - Fashionista
Naver to buy Poshmark at $1.6 bn to boost US e-commerce biz - KED Global
South Korea's Naver Acquires Poshmark for $1.6 Billion
South Korea's Naver buys U.S. Poshmark in $1.2 billion deal, invites skepticism
Naver shares tumble 6% to test new 52-week low on doubts about Poshmark deal - Pulse by Maeil Business News Korea
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Poshmark lays off employees just two months after being acquired by Naver
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