Naver Corp - Company Profile
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Naver Corp (Naver) is a provider of web portals and internet site. The company offers various application services through major portal and platforms include NAVER, Line, NAVER Clova, VIBE, Papago, Whale, NAVER Maps, V LIVE, Webtoon, Papago, SERIES, SNOW and BAND. It also offers audio content platform AudioClip. Naver’s major portals include Naver, Junior Naver, Happybean and Livedoor. It provides search engine services through Naver portal. The company operates through a network of subsidiaries, and has business presence in Japan, the US, France, Germany, South Korea, Hong Kong, Singapore, Indonesia, China, Vietnam, Taiwan and Thailand. Naver is headquartered in Seongnam-si, Gyeonggi Do, South Korea.
Headquarters
South Korea
Address
Naver Green Factory, 6, Buljeong-Ro, Bundang-Gu, Seongnam, 13561
Website
www.navercorp.com
Telephone
82 2 15883830
No of Employees
2,397
Industry
Technology and Communications
Ticker Symbol & Exchange
035420 (KRX)
Revenue (2022)
$7.4B
17.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
33.2%
(2022 vs 2021)
Market Cap*
$22.5B
Net Profit Margin (2022)
XYZ
13.2%
(2022 vs 2021)
* As of and is in US$
Naver Corp premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Internet Services | Naver |
| Advertising | Live Webtoon |
| Internet Browsing | SNOW |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Stock Listings/IPO | In February, the company announced its plans to raise US$4 billion in the IPO of shares. |
| 2024 | Contracts/Agreements | In January, the company entered into a partnership with SK Telecom and AfreecaTV to use artificial intelligence media technology and introduce customized sports broadcasting services. |
| 2023 | Financing Agreements | In December, the company and SoftBank's joint venture, LINE NEXT Corporation. secured a US$140 million investment from a consortium led by Crescendo Equity Partners. |
Competitor Comparison
| Key Parameters | Naver Corp | Google LLC | Tencent Holdings Ltd | Baidu Inc | Kakao Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | United States of America | China | China | South Korea |
| City | Seongnam | Mountain View | Shenzhen | Beijing | Jeju City |
| State/Province | - | California | Guangdong | - | - |
| No. of Employees | 2,397 | 178,234 | 105,417 | 39,800 | 2,474 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Choi Soo-yeon | Chief Executive Officer; President | Senior Management | 2022 | - |
| Kim Nam-sun | Chief Financial Officer | Senior Management | 2020 | - |
| Byun Dae gyu | Chairman | Non Executive Board | 2017 | - |
| Jung Do-jin | Director | Non Executive Board | 2019 | - |
| Rho Hyeok-joon | Director | Non Executive Board | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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