naver Archives | Be Korea-savvy
Naver, NCSOFT Sharpen Platforms to Tap Deeper into Global K-pop Fan Community

Naver, NCSOFT Sharpen Platforms to Tap Deeper into Global K-pop Fan Community

SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s two tech giants — top internet portal operator Naver Corp. and gaming giant NCSOFT Corp. — have accelerated their push into the global K-pop fan community with their platforms, industry officials said Saturday. On Wednesday, Naver announced that it will join hands with Big Hit Entertainment, the [...]

Naver to Acquire Storytelling Platform for 653.3 bln Won

Naver to Acquire Storytelling Platform for 653.3 bln Won

SEOUL, Jan. 20 (Korea Bizwire) — South Korea’s internet conglomerate Naver Corp. said Wednesday that it will acquire Canadian entertainment platform operator Wattpad Corp. in a stock transaction valued at 653.3 billion won (US$593.6 million). The Toronto-based storytelling platform provides stories through its flagship app. It is a community of more than 90 million people [...]

LG Electronics Teams Up with Naver for Remote Learning Service

LG Electronics Teams Up with Naver for Remote Learning Service

SEOUL, Jan. 8 (Korea Bizwire) — LG Electronics Inc. on Friday said it has signed a partnership with South Korea’s top internet portal operator Naver Corp. to enter the remote learning service business amid the pandemic. Under the deal, the two sides will develop a notebook dedicated to Naver’s online education platform Whale Space. Tentatively [...]

Naver’s Assistant Service Drives Shoppers Towards Items that Appeal to Their Personal Tastes

Naver’s Assistant Service Drives Shoppers Towards Items that Appeal to Their Personal Tastes

SEOUL, Dec. 15 (Korea Bizwire) — Naver Corp., the operator of South Korea’s dominant Internet portal, said Sunday its artificial intelligence (AI)-based mobile shopping recommendation technology ‘AiTEMS’ led to a sharp increase in customers’ selection of items that are less popular and have fewer review comments. According to a report released by a research team [...]

Entertainment Industry Shows Strong Interest in Naver’s AR Avatar Service

Entertainment Industry Shows Strong Interest in Naver’s AR Avatar Service

SEOUL, Dec. 9 (Korea Bizwire) — South Korea’s entertainment industry, ranging from big entertainment agencies to multi channel networks (MCNs), is wooing the nation’s leading Internet portal Naver Corp. amid growing interest in augmented reality (AR) avatars that are enjoying rising popularity among teenagers. Naver’s subsidiary Naver Z Corp., the operator of a 3D avatar [...]