Poshmark is shutting down its international businesses – operations in India, Australia and the UK – as the social shopping marketplace shifts attention to “core markets,” the company informed customers. The firm’s marketplace will be…
In July last year, Naver, maker of the search engine known as the “Google of South Korea,” opened its new second headquarters, Naver 1784. The building’s name refers to a year commonly associated with the Industrial Revolution. Inside…
South Korean internet search company Naver on Thursday rolled out its own generative artificial intelligence tool, HyperCLOVA X. The company’s large language model (LLM) offers services such as a ChatGPT-like AI chatbot, CLOVA X, and a generative AI-based search engine Cue, equivalent to Microsoft Bing. Naver’s cloud unit, Naver Cloud, which launched the HyperCLOVA X,…
The startup funding environment is more challenging right now, but some companies and industries still draw investors’ attention and money. The luxury fashion resale market is one of them in Asia. Kream, a reselling platform that buys, sells and trades luxury goods like handbags, clothing, accessories, said it has completed $168 million (220.6 billion won)…
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