DADA MNC CO.,Ltd acquired Media Commerce Service Business and Assets of CJ ENM CO., Ltd. for approximately KRW 5.7 billion.
February 03, 2021
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DADA MNC CO.,Ltd acquired Media Commerce Service Business and Assets of CJ ENM CO., Ltd. for approximately KRW 5.7 billion on February 4, 2021. The board of directors of CJ ENM CO., Ltd. resolved the deal on February 4, 2021.
DADA MNC CO.,Ltd completed the acquisition of Media Commerce Service Business and Assets of CJ ENM CO., Ltd. on February 4, 2021.
CJ ENM Co Ltd, formerly CJ O Shopping Co Ltd, is a Korea-based company engaged in home shopping and catalogue sales business. The company operates its business through four segments. The Media Business segment provides broadcasting services through broadcasting channels such as TVN, OCN, and channel (CH) CGV, and sells broadcasting contents. The Commerce Business segment sells men's and women's underwear and apparel, accessories, bedding, electronics, cosmetics, sporting goods, furniture, household goods, kitchenware, food, and mobile phones through cable television home shopping networks, mail order, and the Internet. The Film and Performance Business segment is engaged in the production, distribution, and investment of movies, and operates the performance business. The Music Business segment is engaged in music production and distribution business.
CJ ENM CO., LTD. 
