Korea Joongang Daily
Korea JoongAng Daily

Naver all in on AI with 1 trillion won fund for ecosystem, plan for platform-wide integration

Naver will invest around $700 million over six years to foster Korea's AI ecosystem as the portal giant pursues platform-wide integration of the technology.

2024-11-11

Naver’s Q3 net profit rises 49% on strong sales

Naver, Korea's leading internet portal operator, said Friday its third quarter net profit jumped 48.8 percent from a year earlier thanks to increased sales.

2024-11-08

Naver Map adds translations for reviews and search filters in English, Chinese and Japanese

Naver's Map app now offers translations for customer reviews and search filters in English, Chinese and Japanese.

2024-10-02

Naver announces 400 billion won buyback plan

Naver announced Monday that it plans to buy back and cancel its own 2,347,500 shares worth 400 billion won ($305.71 million), representing 1.5 percent of its total outstanding shares, in a bid to boost its stock price.

2024-09-30

Naver to establish subsidiary in Saudi Arabia to expand regional reach

The Korean internet giant will establish a Middle Eastern subsidiary in Saudi Arabia within the year, aiming to collaborate with the state in various sectors.

2024-09-23

2024 Korea Fintech Week begins at DDP

A Naver Pay employee demonstrates the virtual reality real estate feature at 2024 Korea Fintech Week held at Dongdaemun Design Plaza in eastern Seoul on Tuesday.

2024-08-27

Naver Pay launches VR real estate tour service

Naver Pay opened a service enabling users to tour listed properties in virtual reality utilizing Naver's digital twin technology.

2024-08-20

Webtoon 'Pigpen' by 'Sweet Home' creator to be adapted into drama starring Jang Ki-yong, Cha Seung-won

Another webtoon series by "Sweet Home" webtoonist Kim Carnby is set for TV show adaptation starring actors Jang Ki-yong and Cha Seung-won, its production company StudioN said Monday.

2024-08-19

Naver posts record-high operating profit of $347 million in April-June period

Naver announced an earnings surprise with double-digit growth, posting a record-high operating profit of 472.7 billion won ($347 million) during the April-June period, propelled by strong performances from core businesses.

2024-08-09

Your boss can probably read your chats. What does Korean law say? And what can you do about it?

High-profile cases in Korea involving ADOR CEO Min Hee-jin and dog trainer Kang Hyung-wook have raised questions over the privacy of workplace chats.

2024-08-01