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Naver pressed to bolster corporate value amid tanking stock price

Naver shareholders expressed frustration over the company's plummeting share price and demanded plans for growth amid the fast-changing market, impacted by the rapid spread of AI services and the entrance of Chinese e-commerce platforms here, during a shareholders' meeting Tuesday.

Seongnam , Kyonggi-do , South-korea , China , United-states , Gyeonggi , Hollywood , California , Chinese , Baek-byung-yeul , Choi-soo-yeon , Kim-nam-sun

Naver pressed to bolster corporate value amid tanking stock price

Naver shareholders expressed frustration over the company's plummeting share price and demanded plans for growth amid the fast-changing market, impacted by the rapid spread of AI services and the entrance of Chinese e-commerce platforms here, during a shareholders' meeting Tuesday.

China , Gyeonggi , Kyonggi-do , South-korea , Seongnam , United-states , Hollywood , California , Chinese , Baek-byung-yeul , Kim-nam-sun , Choi-soo-yeon

Naver Q4 net profit soars 129% on strong commerce, fintech biz

Korean tech giant Naver said Friday its fourth-quarter net profit jumped 129 percent from a year earlier, largely driven by robust growth of its commerce and fintech businesses.

Seoul , Soult-ukpyolsi , South-korea , Korea , Choi-soo-yeon , Kim-nam-sun , Korea-composite-stock-price-index , Growth , Thanks , Sales , Won

Naver Q4 Net Profit Soars 129 Pct on Strong Commerce, Fintech Biz

Naver Q4 Net Profit Soars 129 Pct on Strong Commerce, Fintech Biz
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

Seoul , Soult-ukpyolsi , South-korea , Seongnam , Kyonggi-do , Korea , South-korean , Choi-soo-yeon , Kim-nam-sun , Yonhap-naver-corp , Naver-corp

Naver to make global push with generative AI

Naver CEO Choi Soo-yeon on Friday expressed her determination to strengthen the tech giant's services based on generative artificial intelligence this year, with aims to tap deeper into the global market. "We are constantly taking on new challenges to take a big step forward as a global company," Choi said during the company’s earnings conference. "Based on AI and data, Naver will focus on e...

South-korea , Korea , Choi-soo-yeon , Kim-nam-sun , Korea-exchange , Naver-chief-financial-officer-kim-nam-sun , The-korea-herald , Orean-news , Oreaherald , Outh-korea-news , Outh-korea-news-in-english

Naver Webtoon's US subsidiary appoints new top brass amid listing rumors

Naver Webtoon on Thursday said that Webtoon Entertainment, Naver Webtoon's subsidiary in the United States responsible for the webtoon service's North American business, has made a new addition to its top brass. David J. Lee has been appointed chief financial officer and chief operating officer at Webtoon Entertainment, according to Naver Webtoon. Upon taking the new role, Lee will be in charge of unifying ...

Japan , United-states , American , Kim-yong-soo , Davidj-lee , Kim-nam-sun , Naver-webtoon , Webtoon-entertainment , North-american , Wattpad-webtoon-studios , Inevitable-tech

BIS, BOK top officials visit Naver's 2nd headquarters

Top officials from the Bank for International Settlements and the Bank of Korea visited Naver 1784, the tech giant's second headquarters, to discuss ways to integrate artificial intelligence technology in the financial sector, Naver said Friday. BIS General Manager Agustin Carstens and BOK Senior Deputy Gov. Ryoo Sang-dai were among the officials visiting the Naver's second headquarter building in Seongnam,...

Seongnam , Kyonggi-do , South-korea , Gyeonggi , Korea , Kim-nam-sun , Agustin-carstens , Ngozi-okonjo-iweala , Choi-soo-yeon , World-trade-organization , International-settlements , Manager-agustin-carstens

Naver vows to boost growth by offering AI services by late August

Naver is set to unveil its hyperscale AI platform HyperCLOVA X and generative AI service CLOVA X, Aug. 24, and apply these emerging technologies to its major services to enhance user experiences in search, shopping and online payments, the company's CEO said Friday.

United-states , Seongnam , Kyonggi-do , South-korea , Gyeonggi , America , Choi-soo-yeon , Kim-nam-sun , Baek-byung-yeul , Gyeonggi-province , North-america

Can Naver Bring K-Pop and K-Fashion Stateside with Poshmark Deal?

Can Naver Bring K-Pop and K-Fashion Stateside with Poshmark Deal?...POSH

Seoul , Soult-ukpyolsi , South-korea , Australia , Japan , Seongnam , Kyonggi-do , United-states , India , Canada , Toronto , Ontario

Naver acquires US fashion marketplace Poshmark for $1.6 billion

Naver acquired U.S.-based fashion marketplace operator Poshmark for $1.6 billion, Korea's top internet search portal said Tuesday. It was the largest acquisition deal so far for the Korean tech giant. Poshmark is the largest consumer-to-consumer (C2C) company in North America that operates an e-commerce marketplace where people can buy and sell new and secondhand apparel and other products. It has attracted over 80 million users since its establishment in 2011.

United-states , Seongnam , Kyonggi-do , South-korea , Gyeonggi , America , Choi-soo-yeon , Kim-nam-sun , Baek-byung-yeul , Gyeonggi-province , North-america