1. Naver’s operating profit rises 13 percent in Q1

    Naver’s operating profit rises 13 percent in Q1

    Naver’s operating profit rises 13 percent in Q1 Korean internet giant to invest W100b in AI development in 2017 Published : 2017-04-27 15:43 18:05 South Korean internet giant Naver said Thursday that its operating profit in the first quarter of this year rose 13.2 percent on-year to 290.8 billion won ($257 million), led by strong advertisement sales and heightened transactions on its mobile and online platform services.Naver’s revenue also went up 15.5 percent on-year to 1.82 trillion won in the January-March period. Its net profits rose 27.8 percent on-year to 210 ...

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