 Naver headquarters in Bundang-gu, Jeongja-dong |
On September 24, the Korea Federation of Small and Medium Business (Kbiz) announced that it evaluate "positively" Naver's plan to establish so-called 'Naver-SMEs Mutual Cooperation Organization' in order to promote mutual business growth for Naver and small business owners.
The Kbiz stated, "It's very appropriate action for Naver to form an organization to look for reasonable measures for mutual growth with its partners and to mediate the conflict between them."
The Kbiz added, "We hope to see Naver become a good example of successful cooperative business among conglomerate and small and medium-sized business owners with its announcement of mutual cooperation plan as a momentum."