Naver
About
Naver operates as a search engine and e-commerce platform providing fintech, digital content, and cloud services.
- Seongnam,Kyonggi-do,South Korea
- 1001 - 5000
- http://www.navercorp.com
Details
- Last Funding Type
- Post-IPO Equity
- Last Funding Money Raised
- ₩500B
- Industries
- Internet of Things,Online Portals,Search Engine
- Founded date
- Jun 2, 1999
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
- Stock Symbol
- krx:035420
- Legal Name
- Naver Corporation
- Also Known As
- Naver
- Sub-Organizations
-
Line
LINE MAN Wongnai
Naver operates as a search engine and e-commerce platform providing fintech, digital content, and cloud services.The company introduces innovative search services such as ‘Comprehensive Search,’ ‘Knowledge iN,’ and ‘Real-time Rising Keyword.' It also offers UGC services such as Blog and Cafe; Junior Naver, a children’s portal; Happybean, an online donation portal. NAVER launched its Webtoon service in June 2004 and has pioneered the distribution and consumption of webtoons, also known as digital comics. In addition, NAVER also offers services for the global market, including the mobile messenger LINE through LINE Corporation, NAVER’s subsidiary; the video messenger Snow; and the group communication service BAND.NAVER is also involved in software development and distribution; performances and exhibitions business; mobile content development and distribution; search advertising; internet commerce and customer service business; the operation and security services of IT infrastructure; operating online shopping services, and mobile applications marketing.Lee Hae-Jin and Lee Joon-ho headquartered the company in Seongnam, Kyonggi-do, South Korea in 1999.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 27, 2017 | Post-IPO Equity | ₩500B | 1 |
Mirae Asset
|
— | Detail |
| Dec 5, 2008 | IPO | — | — | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Jan 18, 2023
Wallapop
|
Series G | €81M | E-Commerce | Yes |
|
Jul 20, 2022
Brandi
|
Series Unknown | ₩67B | Apps | — |
|
Jul 11, 2022
Interior Teacher
|
Series A | ₩4.50B | Home Decor | — |
|
Mar 3, 2022
Pocket FM
|
Series C | ₹4.92B | Apps | Yes |
|
Feb 22, 2022
Two Platforms
|
Seed | $20M | Artificial Intelligence | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Mirae Asset
|
Yes | Post-IPO Equity |
Employee Profiles
Exits
Naver has had 14 exits. Naver most notable exits include SoundHound , Dynamic Yield
| Date | Company Name | Exit Type | Industry | |
|---|---|---|---|---|
| Apr 28, 2022 | SoundHound | IPO | Artificial Intelligence | Detail |
| Dec 21, 2021 | Dynamic Yield | M&A | A/B Testing | Detail |
| Aug 6, 2021 | Bukalapak | IPO | E-Commerce | Detail |
| Apr 6, 2021 | Innoviz Technologies | IPO | Automotive | Detail |
| Mar 30, 2021 | Appier | IPO | Analytics | Detail |
Acquisition
Naver has acquired 6 organizations. Their most recent acquisition was Me2day on Dec 22, 2008. They acquired Me2day for $2M.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Dec 22, 2008
Me2day
|
Blogging Platforms | — | $ 2M | Detail |
|
Dec 2, 2013
Bungaejangter
|
E-Commerce | — | — | Detail |
|
Dec 26, 2013
Gogolook
|
Android | acquisition | — | Detail |
|
Jun 26, 2017
|
Artificial Intelligence | acquisition | — | Detail |
|
Jan 20, 2021
Wattpad
|
Content | acquisition | $ 600M | Detail |
