Archive · 11 Jun 2025
Naver to Launch US Subsidiary, Collaborate with Netflix
Naver, a tech company, is starting a new branch in the US called Naver Ventures to help American startups.
They'll give money to these companies to help them grow.
Their first investment will be in an AI company called Twelve Labs.
Also, Naver's boss met with Netflix executives to talk about their partnership.
This partnership allows people in South Korea who have Naver Plus to watch Netflix with ads for free, and it has helped attract more users to both platforms.
Naver hopes this will help them partner with different companies and grow more.
Naver to establish investment subsidiary in Silicon Valley to support US startups.
The new entity, Naver Ventures, will launch later this month.
Twelve Labs, an AI startup, is Naver Ventures' first investment target.
Naver CEO met with Netflix executives to discuss their partnership.
The Naver-Netflix partnership increased Naver Plus sign-ups by 1.5 times.
- Who
- Naver, Twelve Labs, Netflix executives
- What
- Naver is establishing an investment subsidiary and discussing partnership with Netflix
- When
- Later this month for Naver Ventures launch, last week for Netflix meeting
- Where
- Silicon Valley, US
- Why
- To support US startups with funding and explore collaborations
- Company
- Naver
- Subsidiary Name
- Naver Ventures
- Location
- Silicon Valley, US
- First Investment Target
- Twelve Labs
- Meeting Location
- Netflix's Los Angeles Office
- Naver Plus Sign-up Increase
- 1.5 times