SEOUL, Nov. 27 (Korea Bizwire) — South Korean tech heavyweight Naver Corp. and Dunamu Inc., operator of the country’s largest cryptocurrency exchange Upbit, said Thursday they plan to invest 10 trillion won (US$6.8 billion) over the next five years to build an integrated ecosystem for artificial intelligence and Web3 technologies, aiming to position themselves as global [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Koreans can now access detailed, government-verified statistics about specific diseases directly through Naver, the country’s dominant search engine, under a new public service launched Sunday. The National Health Insurance Service (NHIS) said it partnered with Naver to make health-care utilization data easily available to the public. When users search [...]
SEOUL, Nov. 18 (Korea Bizwire) – Naver Corp. said Tuesday it has showcased the company’s latest technologies, including artificial intelligence (AI), for construction and real estate industries at an exhibition in Saudi Arabia. The South Korean IT giant promoted digital twin, AI and cloud solutions customized for Saudi Arabia during the Cityscape Global 2025, which [...]
SEOUL, Oct. 7 (Korea Bizwire) — Naver has rolled out artificial intelligence–powered summaries to its location search service, extending the use of its AI briefing tool beyond news and finance into daily life navigation. According to the tech giant on Tuesday, the new “Place AI Briefing” provides concise overviews of businesses and venues, compiling key details [...]
SEOUL, Sept. 30 (Korea Bizwire) — Naver Corp.’s sudden move to acquire Dunamu, operator of the global cryptocurrency exchange Upbit, has sent shock waves through South Korea’s technology sector, raising questions about the search giant’s long-term strategy and corporate governance. The deal, announced six months after founder Lee Hae-jin’s return as chairman of Naver’s board, is [...]
SEOUL, Sept. 25 (Korea Bizwire) — Naver Corp. is expected to acquire Dunamu Inc., the operator of South Korea’s largest cryptocurrency exchange, Upbit, as a wholly owned subsidiary as part of its push to expand into the digital finance sector, industry sources said Thursday. Naver plans to carry out a comprehensive stock swap through its [...]
SEOUL, Sept. 17 (Korea Bizwire) — Naver Corp. said Wednesday it is launching the second round of its “Be Local” campaign, a joint effort with the Korea Tourism Organization to introduce foreign visitors to Korea’s trending restaurants, cafes and cultural spots. The initiative, first tested earlier this year through the Naver Maps app for users [...]
SEOUL, Sept. 11 (Korea Bizwire) — Samsung Electronics has emerged as South Korea’s dominant force in artificial intelligence, ranking far ahead of domestic rivals Naver and LG, according to a new industry analysis. Yet even the nation’s top firms remain far behind American and Chinese tech giants in global AI competitiveness. The study, released Tuesday [...]
SEOUL, Aug. 18 (Korea Bizwire) — Employees at South Korea’s internet giant Naver Corp. earned nearly 100 million won (US$72,000) each in just the first six months of the year, far outpacing the average income of their local rival Kakao Corp., data showed Monday. According to industry data and company filings, Naver employees earned an [...]
SEOUL, Aug. 5 (Korea Bizwire) — South Korean internet giant Naver Corp. said Tuesday it has decided to fully acquire Spanish online marketplace Wallapop as part of a broader strategy to expand its social commerce business overseas. Naver will invest 604.5 billion won (US$435.2 million) to acquire an additional 70.5 percent stake in the Spanish [...]