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NAVER (XKRX:035420) Credit Losses Provision


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What is NAVER Credit Losses Provision?

Credit Losses Provision only applies to banks.


NAVER (XKRX:035420) Business Description

Traded in Other Exchanges
N/A
Address
6, Buljeong-ro, Seongnam, Gyeonggi, Bundang-gu, KOR
Naver has been the leading search portal in South Korea for many years. The company has also been evolving into an internet platform providing a variety of internet services, such as news, dictionary, maps, digital comic content, social networking, e-commerce, videos, fintech services based on online payments, and Cloud services. Naver was also the incubator of Line, the leading mobile messaging app in Japan, Taiwan, Thailand, and Indonesia, which merged with Z Holdings (Yahoo Japan), with Naver now owning 32.5% of the merged entity. Snow, the Snapchat-like mobile app launched in 2015, has also been well received in South Korea, Japan, and other Asian countries.