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Seoul City and Naver Restore Secondhand Bookstores near Cheonggyecheon

Seoul City and Naver Restore Secondhand Bookstores near Cheonggyecheon

SEOUL, Oct. 9 (Korea Bizwire) –As walking along Cheonggyecheon, a stream that runs through downtown Seoul, you meet many used bookstores where books are piled up like towers. Now only 25 bookstores remain, unlike 200 in their heyday, 1960s through 1970s. Moreover, there are only about 100 secondhand bookstores in the Seoul metro area. Although [...]

Game Companies Report Disappointing Results in 2Q…What’s Going on?

Game Companies Report Disappointing Results in 2Q…What’s Going on?

SEOUL, Aug. 11 (Korea Bizwire) — Korea’s online game companies posted disappointing results for the second quarter. NHN Entertainment (formerly Hangame) said on August 7 it recorded an operating loss of 7.3 billion won(US$7.08 million) for the quarter. This is the first quarterly loss for the company since its founding as a gaming division of Naver in [...]

Naver to Provide Information on Classic Cars on Its Naver Auto

Naver to Provide Information on Classic Cars on Its Naver Auto

SEOUL, Aug. 8 (Korea Bizwire) – Naver Inc., Korea’s largest online search engine company, said on August 7 that it would begin providing classic car information on its Naver Auto site. Currently the company offers automobile information on its Naver Auto page (http://auto.naver.com/index.nhn), including 1,523 models from 42 manufacturers. The newly added databases include the information on [...]

Naver Provides Information on KONEX Listed Companies

Naver Provides Information on KONEX Listed Companies

SEOUL, July 18 (Korea Bizwire) – For the first time among Internet portal service providers, Naver began providing stock quotes and corporate information of companies listed on the Korea New Exchange (KONEX) market. KONEX is a stock market exclusively for small- and medium-sized companies to help them raise funds easily. So far KONEX market information has been [...]

Naver Rolls Out Global Dictionary App “Line Dictionary” for Users in Indonesia

Naver Rolls Out Global Dictionary App “Line Dictionary” for Users in Indonesia

SEOUL, June 28 (Korea Bizwire)– Naver, largest web portal in Korea, has begun offering its mobile dictionary application intended for overseas users — a first move for the nation’s portal industry — stepping up its investment in overseas market and mobile application, two pillars of the company’s business expansion plan.  The portal company announced last [...]