{
  "id": 17159241,
  "title": "Nvidia to Become Naver's Third-Largest Shareholder With $1 Billion Investment",
  "url": "https://urgent.news/2026/10/30/nvidia-to-become-navers-third-largest-shareholder-with-1-billion",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-30T02:08:51.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=280046"
  },
  "original_language": "en",
  "account": "Naver is on the verge of becoming Nvidia's third-largest shareholder after the U.S. AI chip giant invests $1 billion into the South Korean company. This strategic alliance is aimed at expanding Naver's global presence in the artificial intelligence market. The final share count and the investment amount in Korean won will be determined based on the average exchange rate published by Seoul Money Brokerage Services on November 3. Nvidia is expected to acquire approximately 4.54% of Naver's shares, which will shift Lee Hae-jin's stake from third to fourth place in the shareholder rankings. The investment follows a July share subscription agreement between Naver and Nvidia, with the issue price set at 204,500 won per share. Naver has already secured $9 billion in computing infrastructure, which will serve as a crucial component of their joint AI factory project with Nvidia and Brookfield.",
  "summary": "Naver is set to receive a $1 billion investment, approximately 1.35 trillion won, from U.S. AI chip giant Nvidia, establishing a strategic alliance aimed at expanding its presence in the global artificial intelligence market. Upon completion of the investment, Nvidia is expected to become Naver's th",
  "key_points": [
    "Nvidia invests $1 billion into Naver, becoming third-largest shareholder",
    "Investment aims to expand Naver's global AI market presence",
    "Nvidia to acquire ~4.54% of Naver's shares, shifting Lee Hae-jin's stake"
  ],
  "editors_take": "This strategic alliance provides Naver with the capital and infrastructure necessary to scale its artificial intelligence presence globally while reshaping the company's internal shareholder hierarchy.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}