Naver History, CEO, Future, Stock Price Analysis

Naver is a South Korean portal site launched in June 1999. Naver is one of the largest portal sites in Korea and was established on June 2, 1999.

1. Naver History

Naver started on February 26, 1997, under the name of "Web Glider" at Samsung SDS' in-house venture consisting of Lee Hae-jin, Choi Jae-young, Kim Bo-kyung, Koo Chang-jin, Oh Seung-hwan, and Seokho Kang. It was operated by NaverCom Co., Ltd., which was separated in January 1998, and merged with its subsidiary Hangame in 2000 to become NHN. After that, the name was changed from NHN to Naver in 2013, and it is currently operated by Naver Co., Ltd. Naver started its official service in June 1999, and it was named after Navigate, which means "navigate," and suffix -er, which means "-person." This means 'a person who navigates the Internet, called a sea of information'. Naver launched the 'Naver News' service in May 2000, and the 'Naver Integrated Search' service in August 2000. In May 2001, the service 'Naver Keyword Advertising' and 'Naver Shopping' were launched, and in October 2002, the service 'Naver Knowledge Search' was launched. In October 2003, the service 'Naver Blog' and 'Naver Knowledge Shopping' were launched, and in December 2003, the service 'Naver Cafe' was launched. In May 2004, the 'Naver Regional Information Search' service was launched, and in June 2004, the 'Naver Webtoon' service was launched. In September 2004, it launched the "Naver Book" service, and in May 2005, it launched the "Naver Real-Time Search Ranking" service. In August 2005, it launched the "Naver Phone" service, and in December 2005, it launched the "Naver Video Search" open beta service. Naver has been leading the Korean Internet market since the early 2000s, and it is now one of the largest portal sites in Korea. Naver provides various services such as news, search, shopping, maps, blogs, cafes, bands, lines, and Naver cloud platforms, and is the most popular search engine in Korea. Naver is one of the largest Internet companies in South Korea, with a market capitalization of 44.6 trillion won as of December 2022.

2. Naver CEO

The CEO of Naver is Soo Yeon Choi. She was inaugurated as Naver's CEO on March 1, 2022. She majored in computer science at Seoul National University's College of Engineering and received a master's degree in computer science from Stanford University in the United States. She joined Naver and worked as a researcher at Naver's Institute of Technology (T1) from 2005 to 2014. Since then, he has served as the head of Naver's artificial intelligence (AI) center from 2014 to 2017. From 2017 to 2019, he worked as the head of Naver's service division and served as Naver's COO from 2019 to 2022. Soo Yeon Choi CEO is expected to focus on developing new services and expanding Naver's global business by utilizing Naver's AI technology.

3. NAVER's future

The future of Naver is very bright. Naver is one of the largest portal sites in Korea and has strengths in various fields such as artificial intelligence (AI), cloud computing, and e-commerce. Naver is focusing on developing new services using AI technology and expanding Naver's global business. Naver is developing new services using AI technology. For example, Naver uses AI to personalize search results, recommend news, and provide shopping information. Naver is also using AI to create new content. For example, Naver is using AI to produce webtoons, web novels, and video contents. Naver is expanding its global business by utilizing AI technology. For example, Naver provides AI-based services in Japan, Taiwan, Vietnam, and Indonesia. Naver is also working with global companies using AI technology. For example, Naver is jointly developing AI technology with Microsoft, Google, and Amazon. The future of Naver is very bright. Naver is focusing on developing new services using AI technology and expanding Naver's global business. Naver is expected to grow into a global IT company representing Korea through AI technology.

4. Naver Stock Price Analysis

Naver's stock price has been on the decline since it hit 294,500 won on Jan. 4, 2023. Naver's stock price decline is caused by various factors such as the global economic downturn, inflation, and interest rate hikes. However, Naver has strengths in various fields such as AI, cloud computing, and e-commerce. Naver is focusing on developing new services using AI technology and expanding Naver's global business. Naver is expected to grow into a global IT company representing Korea through AI technology. Naver's stock price outlook is being evaluated positively. Naver has strengths in various fields such as AI, cloud computing, and e-commerce. Naver is focusing on developing new services using AI technology and expanding Naver's global business. Naver is expected to grow into a global IT company representing Korea through AI technology. However, Naver's stock price outlook could be affected by a variety of factors, including the global economic downturn, inflation, and interest rate hikes. Investors should consider these factors before predicting Naver's stock price outlook.

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