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NAVER’S REVENUE JUMPS THREE FOLD ON BACK OF CONTAGION- PRODDED ONLINE SHOPPING

Published On 29 Oct 2020 12:54 AM


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  • South Korea's top internet portal operator Naver Corp. said Thursday its net profit nearly tripled in the third quarter from a year earlier on the back of boost in online goods transactions on its platform amid the pandemic.
  • Net profit reached 235.3 billion won ($207.5 million) in the July-September period, up 176 percent from 85.3 billion won a year earlier, the company stated in a regulatory filing.

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Tags : Naver, Internet Giant, Naver Pay, Online transactions, WFH Trend, Naver Plus, Smart Store,
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