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Photo = Yonhap news |
[Alpha Biz= Kim Jisun] At Naver’s 2025 Annual General Meeting, shareholders raised concerns about the company's lack of clear long-term growth strategies, particularly in AI and global expansion.
Founder Lee Hae-jin was appointed as an internal director after eight years, stepping down from his Global Investment Officer (GIO) role to focus on board duties. CEO Choi Soo-yeon defended Naver’s overseas efforts, citing Line’s 100 million users. However, shareholders criticized the costly acquisition of Poshmark and the lack of visible success in its C2C platforms.
Despite record-high annual revenue of KRW 10 trillion, Naver’s stock performance remains sluggish. The company plans to launch an AI-powered search service on March 27. Meanwhile, analysts warn that marketing costs may impact commerce growth in the near term.
CEO Choi reassured shareholders, stating that continued technological advancements and strong service offerings would positively impact the company’s long-term stock performance.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
