Market Chatter: Naver Expands Logistics, Drives 20% Growth in Parcel Delivery Market

MT Newswires Live

Mar 05

Naver (KRX:035420) is upgrading its logistics network, accelerating the domestic parcel delivery market's growth to an expected 20% this year, Pulse News reported Tuesday.

The South Korean e-commerce giant is enhancing its Naver Fulfillment Alliance (NFA) system with faster delivery options, including same-day and next-day services. The move aims to boost logistics efficiency amid the increasing competition from Chinese cross-border platforms, the report said.

Shares of Naver rose nearly 1% at market close on Wednesday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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The move aims to boost logistics efficiency amid the increasing competition from Chinese cross-border platforms, the report said.</p><p>Shares of Naver rose nearly 1% at market close on Wednesday.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6520","symbol_name":"工商业服务概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2517948049","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517948049","pubTimestamp":1741169070,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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