SKorea's Naver Q4 profit surges 129%

By Agence France-Presse

Feb 03, 2024 12:11 am

SEOUL: South Korea's tech giant Naver on Friday posted a 129-percent surge in the fourth-quarter (Q4) net profit, fueled by the strong performance of its fintech (financial technology) and commerce businesses.

One of South Korea's biggest tech companies, Naver's myriad services including Google-like maps, financial services similar to Apple Pay, and popular blogs and chat forums are used daily by many Koreans.

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