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South Korea-based e-commerce company Ticket Monster has raised million from NHN Entertainment, a local entertainment and gaming conglomerate.
Ticket Monster and NHN Entertainment have also signed a memorandum of understanding to allow NHN Entertainment to promote its convenience payment solution PAYCO via Ticket Monster, and further innovate the end-to-end e-commerce process from ordering an item to paying for it to receiving the goods.
Upon completion of this deal, Ticket Monster is valued at .5 billion, which is a 100 per cent increase from its valuation a year ago.
The post South Korea: Ticket Monster receives m from NHN Entertainment appeared first on DealStreetAsia.