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Naver CEO defends 'Korea's Google' against Big Tech rivals

Naver, a South Korean internet giant often dubbed 'Korea's Google,' has successfully defended its domestic search market against global competitors like Google. Led by CEO Choi Soo-yeon, the company operates a diverse portfolio including stakes in Yahoo Japan and Line, e-commerce services, content platforms like Webtoon and Wattpad, and a growing cloud business. Naver is also investing in AI projects to compete with major players like OpenAI, aiming to preserve diversity in a tech landscape dominated by a few large corporations. AI

IMPACT Naver's AI initiatives signal a growing competitive landscape for AI development beyond the major US tech firms.

RANK_REASON Article focuses on the business strategy and market position of a company, featuring an interview with its CEO, rather than a specific product release or research breakthrough.

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Naver CEO defends 'Korea's Google' against Big Tech rivals

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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Nicholas Gordon ·

    The CEO leading ‘Korea’s Google’ in its battle against Big Tech

    Choi Soo-yeon has led Naver through crisis and maintained its search-engine lead over Google. Now she’s aiming to outmaneuver the giants again in AI.