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Games & Commerce

NHN to expand AI GPU investment, secure additional 30 MW data centre capacity by next year

NHN is stepping up growth strategy centred on its artificial intelligence GPU business, planning to expand data centres and the latest GPU infrastructure and win overseas customers. It reported second-quarter revenue of 757.9 billion won and operating profit of 57.9 billion won, both record quarterly highs. NHN Cloud’s AI GPU business drove results, with cloud revenue up 85.3 percent. The company is also focusing game development on Japan and expanding payments into stablecoin settlement infrastructure.

Games & Commerce

NHN posts record quarterly revenue, operating profit in Q2 on growth in games, payments and technology

NHN said on Monday its second-quarter revenue rose 25.3 percent from a year earlier to 757.9 billion won and operating profit jumped 164.1 percent to 57.9 billion won, both record quarterly highs. Games revenue rose to 139.6 billion won, supported by web board games and higher mobile game sales in Japan. Payments revenue climbed to 394.0 billion won, while technology revenue rose to 159.8 billion won on GPU business expansion.

Crypto

NHN KCP handles stablecoin payments in about 1 second, adds cross-border remittance model

NHN KCP unveiled a model with Avalanche for stablecoin payments, on-chain settlement and cross-border remittances. It implemented a structure that reflects payment information in about 1 second and automatically transfers settlement funds hourly, and is reviewing links to existing payment agency and settlement infrastructure. The companies demonstrated four functions, including a merchant admin page and blockchain-based remittances, using PAYCO’s digital wallet.