Naver posted record first-quarter results, helped by the application of artificial intelligence technology and the expansion of its global consumer-to-consumer ecosystem. The company said quarterly revenue rose 16.3 percent from a year earlier to 3.24 trillion won and operating profit increased 7.2 percent to 541.8 billion won. Naver also revised its revenue categories from the first quarter, and said C2C and enterprise businesses supported growth.

Payple said on Tuesday it has revamped Payple Wallet, an asset management service for small business owners and online sellers, and introduced an AI briefing card feature that offers customised sales strategies. The update focuses on suggesting sales directions based on collected data and includes functions aimed at reducing the burden of using data for operators of delivery apps and Smart Store. It also strengthens integrated views of sales and spending to estimate net profit.