Naver could post solid 2Q revenue growth in its core businesses, supported by the rollout of its artificial-intelligence tools, Daiwa Capital's Thomas Y. Kwon and Joon Lee say. The South Korean internet platform company is expected to report strong growth in gross merchandise value in its commerce business, membership revenue and shopping advertising for the April-June period, the analysts say. Revenue is likely to have grown 16% on year in 2Q with operating profit likely to have risen 13%, they say. Daiwa raises its 2026-2028 earnings-per-share forecasts for Naver by 5%-9%, citing the company's faster-than-expected rollout of AI advertising products and AI agents. (kwanwoo.jun@wsj.com)
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Naver Could Post Solid 2Q Revenue Growth in Core Businesses — Market Talk
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Naver could post solid 2Q revenue growth in its core businesses, supported by the rollout of its artificial-intelligence tools, Daiwa Capital's Thomas Y. Kwon and Joon Lee say. The South Korean internet platform company is expected to report strong growth in gross merchandise value in its commerce…