Naver Q3 operating profit falls 20.9% on AI investments
Briefing by News4U · First published
Naver reported third-quarter operating profit of 451.3 billion won, down 20.9 percent from a year earlier, while sales rose 10.7 percent to 3.47 trillion won, attributing the profit decline to increased AI investments in infrastructure, content and offline data. [1] [2]
Sources
- Naver Quarterly Profit Falls on Year, Missing Expectations
WSJ Business · · Summary only
- (LEAD) Naver Q3 operating profit down over 20 pct on AI investments
Yonhap Business · · Full text