Alphabiz - Naver Reportedly Exploring Acquisition of Dunamu’s ‘Securities Plus Unlisted’ Platform

Photo courtesy of Yonhap News

[Alpha Biz= Kim Jisun] SEOUL, Aug. 18 — Naver is reportedly in talks to acquire Securities Plus Unlisted, the over-the-counter (OTC) stock trading platform operated by Dunamu. The move is seen as a potential step for Naver to enter the investment brokerage sector, aligning with rivals Kakao—through Kakao Pay Securities—and Toss, which operates Toss Securities.



According to sources in the IT and financial industries, Naver has entered negotiations with Dunamu regarding an equity transaction for Securities Plus Unlisted. Possible scenarios under review include Naver acquiring the entire stake through a consortium or Dunamu retaining a partial interest.



Dunamu recently spun off Securities Plus Unlisted into a separate corporation as of July 1, holding 100% of its issued shares.




Naver, however, has declined to confirm the discussions, stating only that it “cannot verify” the reported acquisition talks.

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)