|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||265,000.00 - 269,500.00|
|52-week range||227,000.00 - 454,500.00|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||511.00 (0.19%)|
|Ex-dividend date||29 Dec 2021|
|1y target est||N/A|
(Bloomberg) -- South Korean hedge fund J&J Investments Co. is increasing its position in Naver Corp. and other tech shares on expectations the nation’s equity market will stage a recovery from a brutal first half. Most Read from BloombergAmericans Who Can’t Afford Homes Are Moving to Europe InsteadMusk Lieutenant Scrutinized in Internal Tesla Purchasing ProbeThese Are the World’s Most (and Least) Powerful Passports in 2022Biden Contracts Covid as Pandemic Shows Its Staying PowerChina’s Top Chipm
On weekdays, South Korean tech company Naver Corp's new headquarters near Seoul resembles a scene straight out of a science-fiction movie, with some 40 robots ambling across floors and delivering parcels and Starbucks coffee to humans. Crucially for Naver, the Rookies' brains are stored in the cloud and connected to the robots via a private superfast 5G network. While the robots seem to be doing their jobs well, senior Naver executives are cautious on the commercial future of the fledgling robot business, on which the company has already invested $550 million, as 5G technology presents challenges.
Singapore’s MAS keeps the bar high for licenses, leading to the withdrawal of South Korea’s Kakao and Naver from the Republic.