Naver Corporation, a publicly owned South Korean company founded in 1999, is a major technology platform and the dominant search engine in South Korea. Employing approximately 4340 people, Naver's revenue was approximately $100 million in 2020. While its core business is search, Naver's portfolio includes a diverse range of subsidiaries offering services such as the LINE messenger app, the SNOW camera app, the NAVER WEBTOON digital comics platform, the NAVER BAND social media platform, and the ZEPETO metaverse platform. The company's headquarters are located in South Korea.
Naver Corp. reported record quarterly revenue of 2.9 trillion won ($2.10 billion) for the second quarter of 2025, exceeding analyst expectations. This revenue increase followed investments in artificial intelligence and commerce infrastructure. Net profit increased by 49.8% to 497.4 billion won ($358 million), although this was partially due to one-time charges impacting the previous year's results. Separately, Naver reported strong revenue growth in Q2 2025, driven by ad slot and inventory optimization, despite rising marketing (up 31.5% year-over-year) and infrastructure costs (up 15.2% due to new GPU and CPU acquisitions). The fintech business showed an 18.7% year-over-year increase in TPV, with non-cap payments accounting for 54% of total payment volume. The AI Briefing service grew significantly, representing 8% of total search queries, with a target of 20% by year-end. On August 8, 2025, Naver announced its second-quarter net profit increased nearly 50 percent year-over-year. Kim Nam-sun was appointed CEO of Poshmark.