
SEOUL -- Naver, South Korea's biggest internet portal operator, booked an extraordinary profit of 14.9 trillion won ($13.3 billion) from the merger of former chat subsidiary Line with Yahoo Japan's parent, the company said Thursday.
The one-time windfall boosted Naver's net profit to 15.3 trillion won for the first quarter, according to Thursday's earnings statement, up from 134.9 billion won a year earlier.