Naver Corporation is a South Korean internet conglomerate headquartered in Seongnam that operates the search engine Naver.
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34 Facts About Naver Corporation
2.
Naver Corporation manages global mobile services such as the mobile messenger LINE, video messenger SNOW, and group communication service BAND.
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3.
Naver Corporation is currently cooperating with IT startups in order to evolve into a tech-based platform.
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4.
Naver Corporation was first established in June 1999 under the name of Naver Comm.
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5.
In July 2000, Naver Corporation merged with Hangame Communications Inc and several other companies including Oneque and Search Solutions.
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6.
In 2015, Naver Corporation launched Works Mobile for B2B collaboration businesses and merged with Entry Education Labs, which is a software education platform company.
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7.
Naver Corporation began Project Flower, a project which aims to support small businesses and creators by cooperating with them on various projects.
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10.
In mid-January 2021, Naver Corporation announced the acquisition of Wattpad for US$600 million.
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11.
In March 2021 Line Naver Corporation merged with Yahoo Japan, which has been operated by Z Holdings, a SoftBank Group subsidiary.
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12.
In May 2021, Naver Corporation partnered with CJ Group's CJ ENM to acquire Munpia Inc, the third largest web-novel platform in Korea.
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13.
Naver Corporation was the first Korean web provider to develop its own search engine.
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14.
Junior Naver Corporation, known as Juniver, is a children's search service that began in 1999 with the purpose of fostering a safe culture for children.
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15.
Junior Naver Corporation provides various services for children of each age range, such as Pororo Play Time, Pany's Room (decoration simulator using Pany Pang characters), Children's song world, and Children's story world—as well as a Disney Zone for Disney Channel shows and animations.
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16.
Junior Naver Corporation operates a parental monitoring system that blocks harmful or inappropriate information.
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17.
Naver Corporation is investing 10 billion won for the development of language dictionaries for five years beginning from 2016.
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18.
In July 2017, Naver Corporation launched Papago, which is an AI-based mobile translator that uses a large neural network technology named N2MT.
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19.
In June 2015, Naver Corporation launched its own payment service, Naver Corporation Pay, which allows mobile payment service and online checkout.
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20.
Naver Corporation TV is a web broadcast network which provides web dramas distributed by Naver Corporation as well as user created content with videos and live streams.
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21.
In 2004, Naver Corporation launched its online comic service Naver Webtoon, which is one of the largest Korean webtoon platforms.
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22.
In July 2014, Naver Corporation launched a global version of the service under the name of Line Webtoon.
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23.
In October 2017, Naver Corporation officially released the PC version of Whale, its omni-tasking web browser supporting diverse features using AI technologies.
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25.
LINE PLUS Naver Corporation was established in February 2013 with the goal of expanding LINE into the global market.
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26.
SNOW Naver Corporation develops a photo and video application called SNOW, which is considered somewhat similar to Snapchat, since both apps suggest video as an alternative communication tool rather than text.
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27.
Naver Corporation Labs has been working in areas such as Papago, Whale (an omni-tasking browser), and robots.
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28.
Naver Corporation said that the acquisition of the high-tech research center located in Grenoble, France earned the company 80 specialists in AI research and development and technologies necessary to "realize 'living environment intelligence' such as autonomous driving cars and 3-dimensional indoor map production robots".
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29.
Works Mobile Naver Corporation provides a cloud-based office service called Line Works for B2B purposes.
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30.
In 2016, Naver Corporation launched Project Flower, the company's long-term project to provide platform services that small enterprises and content creators can utilize to maximize benefits and reap success.
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31.
For content creators, Naver Corporation helps them work in a sustainable environment and ultimately encourages them to go global as a way to motivate their creativity.
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32.
In 2014, Naver Corporation was awarded the Presidential Award for Excellent Enterprise in equal employment division by the ministry of Labor.
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33.
Naver Corporation's headquarters, located in Bundang-gu Seongnam-si of South Korea, is referred to as the Green Factory.
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