[Concall] Naver "Double-digit growth in search ads for Q2 difficult due to COVID-19"
[Asia Economy Reporter Jin-gyu Lee] Park Sang-jin, Chief Financial Officer (CFO) of Naver, stated during the conference call following the earnings announcement on the 23rd, "As the COVID-19 issue prolonged into the second quarter, online shopping remains robust, but due to budget cuts by offline-based search advertisers, double-digit growth in the search advertising sector will be difficult."
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