Naver Corporation, founded in 1999, is a South Korean internet conglomerate known for its search engine Naver, messaging app Line, and diverse online services. The timeline traces its growth from a startup to a global tech powerhouse, highlighting key product launches, acquisitions, and leadership changes.
Naver Corporation founded by former Samsung employees, including Lee Hae-jin, as a search engine company. #tech #startup
Naver launches its search engine, becoming the first Korean portal to use its own search technology. #search #internet
Naver launches KnowledgeiN (지식iN), a Q&A platform that becomes hugely popular in South Korea. #Q&A #community
Naver launches Naver Cafe and Naver Blog, expanding its social media and community services. #socialmedia #blogs
Naver launches its news aggregation service, becoming a major news portal in South Korea. #news #aggregation
Naver surpasses Daum to become the most visited portal in South Korea. #milestone #market
Naver launches Naver Webtoon, a digital comics platform that becomes a global leader in webtoons. #webtoon #entertainment
Naver launches its own mapping service, integrating with its search and local services. #maps #navigation
Naver introduces its mobile payment service, Naver Pay, expanding into fintech. #fintech #payments
Naver Japan launches Line, a messaging app that quickly gains massive popularity in Japan and other Asian markets. #messaging #app )
Naver acquires a 50% stake in Camp Mobile, a developer of mobile applications. #acquisition #mobile
Line Corporation, subsidiary of Naver, goes public on the New York Stock Exchange, raising over $1 billion. #IPO #finance
Naver acquires BAND, a community app popular in South Korea, for $200 million. #acquisition #social )
Naver launches its cloud computing service, competing with AWS and Azure in Korea. #cloud #computing
Naver acquires Wattpad, a global storytelling platform, for $600 million. #acquisition #content
Naver introduces Papago, an AI-powered translation service supporting multiple languages. #AI #translation )
Naver acquires Snow Corp., the operator of the Snow camera app popular in Asia. #acquisition #photo )
Naver spins off its webtoon business into a separate entity, Webtoon Entertainment, based in the US. #webtoon #entertainment )
Naver acquires Poshmark, a US social commerce platform, for $1.2 billion. #acquisition #ecommerce
Naver merges Wattpad and Webtoon into Wattpad Webtoon Studios, aiming for global content leadership. #merger #content
Naver expands into live commerce with Naver Shopping Live, integrating with its e-commerce platform. #livecommerce #shopping
Naver restructures into a holding company structure, separating its search and technology businesses. #corporate #restructuring
Naver launches its generative AI chatbot Clova X, competing with ChatGPT in Korea. #AI #chatbot )