2024. 7. 25. 23:24ㆍU.S. Economic Stock Market Outlook
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1. First of all, the relationship between Naver and Softbank has come to an irreversible bridge. I can't continue to be friends with anyone who pushed me up the cliff when I was in trouble.
2. This incident has made Naver's weak overseas business model and poor global expansion strategy public. It has been proven that if a share of A Holdings is handed over to Softbank even for a week, all overseas business networks will leave Naver's hands.
3. Currently, more than 2,500 Korean employees work at LineYahu's Korean subsidiaries, including Line Plus, Line Financial, and LineNext. And they had to suffer from job insecurity during the LineYahu crisis.
4. Through this LineYahu incident, it was revealed that Naver had little control over LineYahu. It turned out that the idea that Naver was co-managing LineYahu with Softbank was just an illusion.
5. Naver and Naver Cloud were making around W100 billion in sales every year in exchange for providing data centers and information security infrastructure services to LineYahoo. In 2023, they recorded W102.5 billion in sales. Once the system separation is completed, these sales will disappear.
6. Naver has lost much of the market's confidence in the company's future growth potential. LineYahumal was a key factor in making Naver's overseas expansion story rich and dramatic.
*Oh, my
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