Naver Corp. is making some changes in its business units and announced that its B2B and AI units are being bundled with its New Cloud department, which is centered on Naver Cloud. Under this new department, the South Korean internet giant is planning to launch a same-hour delivery service at the end of this year.
Last week, the company unveiled a Naver Arrival Guarantee solution that assures same-day delivery to customers. As per The Korea Economic Daily, during the earnings call that was held on Monday, Nov. 7, the firm’s chief executive officer, Choi Soo Yeon, shared the plans with everyone.
“We will introduce a new type of service that allows for delivery within one hour by liaising with a number of supermarkets,” the Naver chief said at the conference. “We will strengthen our fast-delivery services in tandem with the Naver Fulfillment Alliance, which includes CJ Logistics.”
She went on to say, “We will link the service provider with the customer on a platform that assembles a wide range of data and aggregate the company’s technological prowess into one area to optimize the entire business chain - from infrastructure to solutions.”
It was also shared that Naver will restructure its AI and B2B units departments will be restructured and place them under the New Cloud department. The CEO said that they would also work on business expansion in Japan through partnerships with Softbank Group and Z Holdings Corp.
In any case, Pulse News reported that aside from the speedy delivery, Naver will also make sure that the vendors or merchants are receiving delivery updates in real-time to make their e-commerce business better.
Naver said that by providing real-time delivery updates to vendors, both the shoppers and merchants would be able to build confidence in e-commerce transactions. This program is also part of the arrival guarantee scheme that was introduced last week. This will provide SmartStore e-commerce platform tenants with logistics data and other sales processes, including warehouse inventories, courier service providers, and the status of deliveries.
Finally, Naver is confident that it will be able to offer delivery and other logistics data to its customers so they can plan well and enhance their respective business marketing strategies.
Photo by: Naver Website


U.S. Gasoline Prices Fall Below $4 as U.S.-Iran Deal Eases Oil Market Concerns
Gold Prices Surge Above $4,300 as US-Iran Peace Deal Weakens Dollar and Oil
SpaceX IPO Sparks Market Optimism as Shares Surge 19% on Trading Debut
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation
DOJ Clears Paramount Skydance-Warner Bros. Discovery Merger Without Conditions
ASX Proposes New Share Dilution Limits for Public Takeovers
Asian Markets Mixed Ahead of Key Central Bank Decisions
OpenAI's $34B Spending Pushes AI Market Leadership Ahead of IPO
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details
Wall Street Surges as US-Iran Deal Eases Oil Price and Inflation Concerns
Australia’s Atlas Arteria Rejects IFM Global’s Increased A$7.4 Billion Takeover Offer
North Korea Reports Industrial Output at 105% of Target Following Party Congress
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas
Oil Prices Tumble as U.S.-Iran Peace Deal Eases Supply Concerns
SoftBank Vision Fund CFO Navneet Govil to Exit After Decade-Long Tenure 



