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BackNaver ranks highest in the Mutual Growth Index for 10 consecutive years... “The only internet platform”
Naver ranks highest in the Mutual Growth Index for 10 consecutive years... “The only internet platform”
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연합뉴스29 minutes agoBusiness2 min readSouth KoreaView original

Naver ranks highest in the Mutual Growth Index for 10 consecutive years... “The only internet platform”

Payment to partners within 7 days on average, expansion of AI training and consulting support

Quick Look

  • Naver received the highest rating in the shared growth index evaluation last year, becoming the only company in the internet platform industry to receive the highest rating for 10 consecutive years.
  • Payment to partners within an average of 7 days, operation of a shared growth fund, and provision of AI utilization training and free personal information protection consulting received positive reviews.

AI-generated summary

Why It Matters

The win-win growth index is an indicator that evaluates the level of win-win cooperation for each company based on the Win-Win Growth Committee's comprehensive evaluation of win-win growth and the Fair Trade Commission's fair trade agreement implementation evaluation. Naver has received the highest rating for 10 consecutive years since 2016.

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Naver announced on the 11th that it received the 'best' rating in last year's shared growth index evaluation.

Naver said that it is the only company in the internet platform industry that has received the highest rating for 10 consecutive years since 2016.

The win-win growth index is an indicator that evaluates the level of win-win cooperation for each company based on the Win-Win Growth Committee's comprehensive evaluation of win-win growth and the Fair Trade Commission's fair trade agreement implementation evaluation.

Naver explained that it received good scores in this evaluation for shortening the payment period for its partners and providing financial, consulting, and training support.

Naver pays its partners within an average of 7 days, including holidays, and supports loan interest and consulting costs through the Shared Growth Fund.

This year, we established a new artificial intelligence (AI) utilization training for partners and expanded free personal information protection consulting to on-site consultation and training.

For small and medium-sized business owners, consulting and training are provided at each stage of the business through ‘Naver Impact.’

In the AI ​​advertising support campaign conducted last year for 300 smart store and brand store operators, the total transaction amount of participating businesses increased by 66% and the number of purchase conversions increased by 165%.

Chae Seon-joo, head of Naver's external affairs and ESG policy, said that going forward, the company will expand support tailored to the needs of its partners and small and medium-sized businesses, including AI education, AI conversion consulting, and operation of a recruiting center exclusively for partners.

What to Watch

AI outlook — possibilities, not facts

  • Naver will expand AI training and conversion consulting support for partners and small and medium-sized businesses.

    Likely · Within months

Open Questions

  • What is the specific size of the shared growth fund and the loan interest support ratio?
  • What is the specific curriculum and number of participants for AI utilization education?
  • What are the details of consulting provided through Naver Impact?

Related Topics

This article was originally published by 연합뉴스.

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