(Bloomberg) -- South Korean President Yoon Suk Yeol ordered the government to support the recovery of full operations at the nation’s biggest mobile messenger and the top portal website after a power outage disrupted some services for hours.Most Read from BloombergWeed Is Coming to Circle K Gas Stations in US Next YearTrump Prosecutors See Evidence for Obstruction ChargesChina Is Debating a Reduction to Covid Quarantine for Inbound TravelersTruss’s Government on Brink as Tories Agitate for Her t
Shares of social-fashion company Poshmark (NASDAQ: POSH) jumped on Tuesday after management agreed to being acquired by Naver for $17.90 per share. As of 10:30 a.m. ET, Poshmark stock was up 13%. Naver is a Korean internet company that's buying Poshmark.
Poshmark CEO Manish Chandra joins Yahoo Finance Live to discuss the company's $1.2 billion Naver buyout deal, the state of the re-commerce market, economic uncertainty, and the outlook for Poshmark.