2026-11-11 23:30:10
Naver's Q3 Operating Profit Falls 20.9% Year-over-Year Despite Revenue Growth, Hit by AI Investment Expansion
According to Yonhap Infomax, Naver reported on November 12 that third-quarter operating profit declined 20.9% year-over-year to 451.3 billion won, despite revenue increasing 10.7% to 3.47 trillion won. The company attributed the profit decline to expanded investments in AI infrastructure, content, a