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Naver

company

About

Naver operates as a search engine and e-commerce platform providing fintech, digital content, and cloud services.

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

Number of Funding Rounds
Total Funding Amount
2
₩500B
Naver has raised a total of ₩500B in funding over 2 rounds. Their latest funding was raised on Jun 27, 2017 from a Post-IPO Equity round.
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

Number of Investments
Number of Lead Investments
61
28
Naver has made 61 investments. Their most recent investment was on Jan 18, 2023, when Wallapop raised €81M.
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

Number of Lead Investors
Number of Investors
1
1
Naver is funded by 1 investors. Mirae Asset are the most recent investors.
Investor Name Lead Investor Funding Round
Mirae Asset Yes Post-IPO Equity

Employee Profiles

Number of Employee Profiles
13
Naver has 13 current employee profiles, including Executive Hae-Jin Lee
Executive
Executive
Executive
Executive
Executive

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
Artificial Intelligence acquisition Detail
Jan 20, 2021 Wattpad
Content acquisition $ 600M Detail