The Korea Herald
AsiaPac · 10 mins ago
Naver Q2 net income up 41.6% as AI boosts core biz
Naver Corp., South Korea's largest online portal operator, said Friday its second-quarter net profit rose from a year earlier, as artificial intelligence helped boost its key businesses. The company's net profit for the April-June period was 704.3 billion won ($494.8 million), up a strong 41.6 percent from a year earlier, according to Naver's regulatory filing. The tech giant posted 520.3 billion won in operating profit for the quarter, down 0.2 percent. Revenue rose 16.2 percent to 3.38 trillio
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