Naver
NAVER Corporation operates Korea’s largest search portal, NAVER. Its subsidiary companies include LINE, a mobile messenger app, Snow, a video camera app, Naver Webtoon, a digital comic service, and ZEPETO, a metaverse service.
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Naver establishes new tech unit to drive AI and overseas growth
Naver has created a new “Tech Business” division under the direct oversight of the chief executive officer, as part of its strategy to expand into eme...
Kim Ji-won, Kim Mi-geon
Naver's AI shopping app surpasses Temu to lead in new installs
Naver’s new artificial intelligence (AI)-powered shopping app, Naver Plus Store, was the most downloaded shopping app in South Korea last month, beati...
Park Ji-min, Kim Seo-young
Naver shifts to younger leadership with Lee Hae-jin's return
South Korean tech giant Naver has appointed several new executives from the 1980s generation as founder Lee Hae-jin prepares to return to the company,...
Shim Min-gwan, Kim Seo-young
Naver unveils enhanced HyperCLOVA X with stronger performance
Naver on Feb. 20 said it has completed an update to its flagship HyperCLOVA X foundation model and internally released it. The company is now leveragi...
Kim Min-kuk, Kim Seo-young
Korean webtoon 'Teenage Mercenary' comes to life in Tokyo pop-up event
A pop-up store dedicated to the popular Naver webtoon “Teenage Mercenary” opened in the heart of Shibuya, Tokyo, on Feb. 7. The store was set up insid...
Yoon Ye-won (Tokyo), Lee Jae-eun
Naver's target price soars on strong AI outlook, revenue growth
South Korean securities firms have raised Naver’s target price, expecting strong growth in artificial intelligence (AI), following the company’s break...
Park Ji-young, Kim Seo-young
Naver tops 10 trillion won in annual revenue for the first time
Naver said its fourth-quarter operating profit rose over 30% year-on-year on the back of strong growth in key businesses, including search and e-comme...
Kim Min-guk, Lee Jae-eun
Exclusive: Naver founder Lee Hae-jin to return as board chairman, eyes AI expansion
Lee Hae-jin, 58, founder of South Korean tech giant Naver, is set to return as chairman of the company’s board, seven years after stepping down to foc...
Hwang Kyu-rag, Kim Mi-geon
Naver's growth and Kakao's declines stand out in contrasting Q4 performances
Naver and Kakao, two of South Korea’s leading tech companies, are expected to post contrasting fourth-quarter performances for 2024, highlighting dive...
Kim Min-kuk, Kim Mi-geon
Retailers struggle with costly 'free returns' as annual returns hit 500 million
South Korea’s annual parcel shipping volume reached 5.06 billion last year, up 52.9% compared to 2020. This surge translates to an average of 100.4 pa...
Seok Nam-jun, Lee Jae-eun