Advertising Revenue Growth
Overall advertising revenue on the NAVER platform grew by 10.5% Y-o-Y, driven by improved AI-based advertising efficiency and the expanded advertiser base.
Commerce Segment Growth
Smart Store GMV grew by 12.3% Y-o-Y, with the NAVER Plus Store app surpassing 10 million downloads and page views increasing by 19.4% Q-o-Q.
Fintech Revenue Increase
NAVER Pay TPV reached KRW 22.7 trillion, representing a 21.7% Y-o-Y increase, with non-captive payments growing 31% Y-o-Y.
Strong Webtoon Partnership
Webtoon Entertainment signed a global content partnership with Disney, expected to broaden Webtoon's reach and serve as a stepping stone for global growth.
Revenue and Profit Growth
Q3 revenue increased 15.6% Y-o-Y to KRW 3.1381 trillion, and operating profit increased 8.6% Y-o-Y to KRW 570.6 billion.
Enterprise Expansion
B2B business achieved new revenue generation through GPU as a service contracts, and the company is expanding into global markets with LINE WORKS.