South Korea: Naver's revenue from IT platform 2022

During the fourth quarter of 2022, Naver's revenue from fintech amounted to approximately 319.9 billion South Korean won. The fintech sector was previously Naver's IT platform but the category changed in the third quarter of 2020.

Naver's operating revenue from IT/Fintech platform from Q2 2016 to Q4 2022 (in billion South Korean won)

Characteristic	Operating revenue in billion South Korean won
Q4 2022	319.9
Q3 2022	296.2
Q2 2022	295.7
Q1 2022	274.8
Q4 2021	295.2
Q3 2021	241.7
Q2 2021	232.6
Q1 2021	209.5
Q4 2020*	201.1
Q3 2020	174
Q2 2020	164.7
Q1 2020	137.6
Q4 2019	119.9
Q3 2019	116.3
Q2 2019	105.9
Q1 2019	99.2
Q4 2018	105.6
Q3 2018	91.4
Q2 2018	85.7
Q1 2018	72.5
Q4 2017	66.4
Q3 2017	58.6
Q2 2017	49.4
Q1 2017	43.4
Q4 2016	39
Q3 2016	30.8
Q2 2016	28.1

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Release date

February 2023

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Region

Worldwide, South Korea

Survey time period

Q2 2016 to Q4 2022

Supplementary notes

*Due to a change in revenue categories figures might not be completely comparable to those prior to this quarter. 1,000 South Korean won equals 0.81 U.S. dollars or 0.75 euros as of February 2023.
Figures have been rounded.

The revenue categories changed after Q3 2020 from IT platform to Fintech. According to the source, the segment 'Fintech' now consists of N Pay and IT services.

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