| Mobile Web

Search results for Wallapop

Games & Commerce

Naver Q2 operating profit down 0.2 percent on expanded AI infrastructure investment

Naver said second-quarter revenue rose 16.2 percent from a year earlier to 3.39 trillion won, while operating profit fell 0.2 percent to 520.3 billion won, reflecting expanded investment in AI infrastructure. Naver Platform sales increased on advertising and service revenue growth. Financial Platform revenue rose, with Npay payment volume climbing to 25.2 trillion won. Global Challenge revenue grew, led by C2C businesses including Wallapop, Poshmark and Soda.

Games & Commerce

Naver to link search and purchases with \'action AI\', profit ramp-up in H2

Naver is making a shift to connect search to transactions a core task this year, focusing on building an uninterrupted flow from search to purchases and reservations around what it calls “action AI”. The company posted first-quarter revenue of 3.24 trillion won and operating profit of 541.8 billion won. It plans to test generative AI ads tied to shopping and local services from the second quarter and begin full monetisation in the third quarter.

Games & Commerce

Naver Q1 operating profit rises 7.2 percent as AI, C2C drive results

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.