Naver Corp - Company Profile
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Business Description
Naver Corp (Naver) is an internet platform company, providing integrated online services spanning search, commerce, fintech, content, and enterprise cloud/AI solutions. Originating as a search portal, NAVER has evolved into a multi-vertical ecosystem built on proprietary technologies in AI, cloud, data centers, and spatial intelligence. Its platform connects over 40 million daily users with merchants, advertisers, creators, and enterprises, increasingly powered by its “On Service AI” strategy and hyperscale model HyperCLOVA X. The company offers services that include NAVER Search, NAVER Advertising, NAVER Shopping & Smart Store, NAVER Pay, NAVER Webtoon, SNOW, NAVER Cloud & Neurocloud, NAVER WORKS, NAVER Map/Place, and various AI solutions (CLOVA, CLOVA Note, CLOVA CareCall, CLOVA AICall).
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R&D Overview
Naver Corp focused its R&D on hyperscale AI, cloud, spatial intelligence, and platform technologies. Key initiatives included advancing the Korean-language LLM HyperCLOVA X with multimodal capabilities, expanding AI services like CLOVA X and Cue:, and establishing the Future AI Center. The company also extended its Neurocloud for HyperCLOVA X, grew NAVER WORKS, and advanced DevSecOps tooling. In spatial intelligence, NAVER LABS achieved top rankings in global challenges and further industrialized digital-twin solutions. For platform and content technology, NAVER enhanced AI-based recommendation engines for Webtoon and developed AI shopping guidance for commerce. The R&D activities of the company are managed by the Enterprise (cloud/AI), Technology (CLOVA, HyperCLOVA X, NAVER LABS), and platform engineering organizations. These units are responsible for driving innovation in AI, cloud, spatial intelligence, and platform technologies. In 2024, NAVER has continued to refine its data strategies and training methodologies to further optimize model performance across its platforms. The company also aims to expand HyperCLOVA X’s capabilities by strengthening both multi-modal processing including voice, image, and video and reasoning capabilities.
Business Segments
Overview
Offers sales by SMEs and creators.
Performance
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Overview
Offers Webtoon, CHZZK, NAVER Clip, NAVER TV, VIBE, ZEPETO, SNOW online services, which help creators and users to create and consume content online.
Performance
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Overview
Offers Cloud, WORKS, Clova services.
Performance
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Overview
Offers pay services and digital finance services.
Performance
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Overview
Provides customized search results with AI-based recommendation and matching technology.
Performance
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