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Naver posts record profit as Webtoon nears U.S market listing

Naver posted a record-high operating profit in the April-June period due to strong profitability across commerce, fintech and content. With the announcement of preliminary earnings,...

Naver joins global AI race with expanded range of services

Naver will unveil its hyperscale artificial intelligence (AI) service HyperClova X next month alongside a line of further affiliated services within this year, joining...

YouTube closes MAU gap with Kakao and Naver

YouTube is gaining a strong foothold in Korea as its number of monthly users is close to outpacing that of dominant players like Kakao...

Naver Webtoonk, Discord collaborate for ‘Wumpus Wonderventures’

Naver Webtoon announced numerous collaborations with game-oriented social platform Discord, including an original webtoon series “Wumpus Wonderventures” that features Discord’s official mascot Wumpus, the...

Naver Webtoon aims to go public in U.S. as early as 2025

Naver Webtoon is planning to go public in the U.S. stock market as early as 2025, according to its CEO Kim Jun-koo on Tuesday. At...

As AI war rages, Korea seeks a place among giants

Google CEO Sundar Pichai Amid the accelerated rivalry for artificial intelligence (AI) leadership between Microsoft and Google, Korea's tech companies are eyeing...

Naver to launch competitor to ChatGPT

Naver will launch its own version of ChatGPT in the Korean market in the first half of this year to respond to the widely...

Hit Naver Webtoon ‘Lookism’ adapted into Netflix original animated series

The hit Naver Webtoon “Lookism” has been adapted into a Netflix original animated series and will be available for streaming worldwide from today. According to...

Websites Celebrate Hangul Day with Logo Arts

In South Korea, people commemorate a special holiday on October 9th every year. Known as Hangul Proclamation Day, or Hangul Day for short, celebrates...

Messaging App ‘Line’ Skyrockets in IPO on First Day

Mobile messaging application Line soared in IPO on the first trading day in New York. Line is a Japan-based corporation owned by Korean Internet...

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