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TEAM NAVER to establish joint venture with National Housing Company in Saudi Arabia
Nov 18, 2024
Contract Type
partnership
South KoreaFinancial ServicesArtificial IntelligenceFinanceFintechBlockchainCryptocurrencyLendinginformation technology & services
Description
TEAM NAVER has announced the establishment of a joint venture with Saudi Arabia's National Housing Company (NHC) to expand business opportunities in the Middle East. The venture aims to leverage the digital twin platform for real estate development and contribute to the digital transformation of the sector.
Company Information
Company
Naver
Location
South Korea
About
Naver Corp. is a leading South Korean internet company, known for its search engine and various online services. It has expanded into diverse sectors including fintech, with a focus on innovative technologies. Naver is the largest stakeholder in its fintech subsidiary, Naver Financial Corp. The company is actively involved in blockchain initiatives and stablecoin development.