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Naver Corp reports significant profit increases in 2024, driven by search, e-commerce, and cloud sales growth.
South Korea's internet giant Naver Corp reported a 48.8% jump in Q4 net profit to 444.1 billion won, driven by strong sales in search and e-commerce.
For 2024, net income soared 89% to 1.86 trillion won and operating profit increased 32.9% to 1.97 trillion won.
Cloud business sales jumped 41.1%.
Naver plans to hold a shareholders meeting on March 26 to discuss appointing founder Lee Hae-jin as chairman.
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Naver Corp reporta aumentos significativos de ganancias en 2024, impulsados por búsquedas, comercio electrónico y crecimiento de ventas en la nube.