Naver, also known as NAVER Corporation, is a publicly owned company headquartered in South Korea. Founded in 1999 and employing approximately 4340 individuals, the company reported $8.5B in revenue as of 2025 and operates as a tier 1 media tech buyer. It specializes in technology, information, and internet services, functioning as a South Korean tech platform and search engine. Naver's operations extend through its subsidiaries, which include LINE messenger, SNOW camera app, the digital comics platform NAVER WEBTOON, the group social media platform NAVER BAND, and the metaverse platform ZEPETO.
Naver announced on July 30, 2026, that its video platform, Naver TV, will permanently shut down on September 30, 2026, after 14 years of operation. The service, launched in 2012 to offer Korean broadcasters a higher-revenue alternative to YouTube, will migrate content to Naver's Clip service starting September 10, 2026, providing users one-year access for downloads. This follows Nvidia's revelation earlier on July 30, that it plans to invest US$1 billion in Naver. The investment, structured as a third-party share issue, would give Nvidia an approximate 4.5% stake, potentially making it Naver's third-largest shareholder if the deal closes and treasury shares are canceled, supporting Naver's sovereign AI initiatives.
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