Naver, also known as NAVER Corporation, is a publicly owned company headquartered in South Korea, founded in 1999, and employs approximately 4340 individuals. Functioning as a tier 1 media tech buyer, the company operates primarily in the technology, information, and internet sectors. It is recognized as a South Korean tech platform and a prominent search engine within the country. Naver's extensive operations include various subsidiaries such as the LINE messenger, the SNOW camera app, the digital comics platform NAVER WEBTOON, the group social media platform NAVER BAND, and the metaverse platform ZEPETO.
Naver Corp.'s mobile payment service, Naver Pay, was fully restored on February 19 after experiencing a partial outage earlier in the day. Earlier in February, the South Korean internet company expanded its delivery options, partnering with Kurly Inc. to introduce same-day delivery for fresh food and daily necessities as it transforms into a full-fledged e-commerce company. This follows the company reporting record-high earnings for 2025 on February 6, with revenue totaling 12.04 trillion won ($8.19 billion), an increase of 12.1% year-on-year, driven by growth in its core businesses integrated with artificial intelligence technology and strong commerce momentum. Previously, on February 5, Naver reported its fourth-quarter (October-December) net income declined 68% year-over-year to 164.6 billion won ($112.5 million), while operating profit for the period rose 12.7% to 610.6 billion won and revenue increased 10.7% to 3.19 trillion won.
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