[Asia Economy Reporter Bu Aeri] Naver's paid membership service 'Naver Plus Membership' has secured 1.6 million members.


On the 29th, CEO Han Seong-suk stated during the Q3 earnings conference call, "The number of Naver Plus Membership subscribers has surpassed 1.6 million," adding, "The membership transaction amount in September grew to about 15% of Naver Shopping, positively impacting the overall transaction growth."


He continued, "We plan to steadily grow the membership to reach 2 million subscribers by the end of the year."



Launched in June, Naver's 'Naver Plus Membership' offers a basic price of 4,900 KRW per month and provides up to 4% additional points on Naver Pay payments for shopping, reservations, webtoons, and more. It also offers content such as webtoons, videos, and music.


This content was produced with the assistance of AI translation services.

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