Naver completed an $18m investment in Brandi.

Naver, a provider of Internet site with web portal services, completed an $18m investment in Brandi, a commerce platform company. Brandi plans to start selling in Japan within this year along with Naver. With this investment, Brandi is accelerating its entry into the global market with the goal of allowing Dongdaemun wholesalers and retailers to enter the Japanese market within this year. Brandi's Dongdaemun Fulfillment Center will be expanded to 4k pyeong by the end of this year, and a new global logistics base will be built.