NAVER

Naver, the 24-year-old South Korean search engine, now supports the IndexNow protocol. That makes four search engines that use IndexNow to discover and index content for their search engines. Those four search engines include Bing, Yandex, Seznam, Naver. Naver and IndexNow. Naver announced this on their blog in Korean saying starting today, Naver Search supports IndexNow so that search engines can recognize the latest website content. Naver posted how this works in its webmaster portal (again in Korean language) over…

YouTube will launch its first official shopping channel for live commerce in South Korea on June 30, Yonhap news agency reported on Wednesday.South Korea already has a booming live-streaming commerce business led by tech giant Naver, making it a prime test market for the global heavyweight as the Alphabet-owned company focuses on becoming more "shoppable".The new channel will operate in Korean language and will start as a 90-day project. In the beginning, it will provide a live-commerce platform to companies and plans to…

Samsung Networks has announced that it is offering a private 5G network to Hoban Constructions, a leading construction firm in South Korea, in partnership with NAVER Cloud. The private 5G connectivity service offers improved efficiency, safety, and security at construction sites. It offers 5G coverage for a specific area or worksite. Samsung Networks and NAVER Cloud say that private 5G communication at construction sites will support highly mobile workers and machinery. It can improve worksite efficiency by bringing the…

Last updated: May 19th, 2023 at 11:06 UTC+02:00 To counter Apple Pay’s entry in South Korea, Samsung launched the integration of Samsung Pay with Naver Pay two months ago. It allows Samsung Pay users to make payments for products and services inside smartphone apps and other online shopping services. Since the integration, Naver Pay has seen a massive surge in users. A report from Korea Herald claims that Naver Pay saw a 186% surge in new installations. This new service is now available not only in convenience stores…

PUBG maker Krafton has announced its plans to establish a joint venture with Naver Z Corp. to develop the metaverse platform business. The game-developing studio has shared its decision to acquire stocks and investment securities of other corporations to establish the joint venture. The total investment amount for the joint venture is KRW 48 billion, with Krafton set to acquire KRW 40.8 billion and Naver Z will acquire KRW 7.2 billion. After the acquisition, Krafton will hold an 85% stake in the joint venture, and Naver Z…

Last updated: March 22nd, 2023 at 06:44 UTC+01:00 Samsung has announced that Samsung Pay’s integration with Naver Pay will start in South Korea tomorrow. Naver Pay and Samsung Pay are among the biggest mobile payment services in the country, and they’re collaborating to compete with Apple Pay which recently entered the South Korean market. This collaboration enables Samsung Pay users to pay for products and services online to more merchants that support Naver Pay. There are more than 550,000 merchants in the Naver…

Last updated: February 20th, 2023 at 12:26 UTC+01:00 Samsung appears to be reacting to Apple’s recent announcement that it will bring the Pay platform to South Korea this year. But Samsung is not the only domestic provider seemingly taking precautions against what could become a great competitor in the mobile payment market in Korea. Naver Pay, Korea’s second-largest mobile payment provider, has just partnered with Samsung Pay, and both companies seek to strengthen each other’s businesses across the nation. Samsung…

The South Korean government said it will strengthen legal and administrative regulations to rein in excessive concentration of power in the local platform market led by tech giants Naver and Kakao.In a comprehensive plan by the Ministry of Science and ICT, the Fair Trade Commission and other government agencies, the government will set up a new guideline targeting digital platform businesses, elaborating on specific rule-breaking cases in the sector.The authorities will also revise anti-trust laws to tighten…

Samsung, one of the world’s biggest semiconductor firms, has announced that it has partnered with NAVER to build semiconductor chips that are optimized for hyperscale AI models. It’s a wide-reaching collaboration with NAVER, which is the leading global internet firm with top-notch AI experience. The collaboration will leverage Samsung’s advanced products like computational storage (SmartSSD), CXL (Compute Express Link), PIM (Processor In Memory), and PNM (Processing Near Memory), and pool their hardware and software…

South Korean President Yoon Suk-yeol on Sunday instructed officials to make efforts to ensure Kakao and Naver can quickly resume their services disrupted by a fire in their data centres.He also called on the companies to find out the exact cause of the fire and come up with measures to avoid future disruptions of services.His comments came a day after the fire broke out at the building of SK C&C, located in Pangyo, just south of Seoul. The building houses the data centres of Naver and Kakao.Although the fire has been…