Tech, Media & Telecom
Naver Band surpasses 6 mn MAU in US
65% of active Bands in the US are school and sports groups and the band's annual growth of 20% since 2021
By Nov 15, 2024 (Gmt+09:00)
1
Min read
Most Read
LG Chem to sell water filter business to Glenwood PE for $692 million


KT&G eyes overseas M&A after rejecting activist fund's offer


Mirae Asset to be named Korea Post’s core real estate fund operator


StockX in merger talks with Naver’s online reseller Kream


Meritz backs half of ex-manager’s $210 mn hedge fund



South Korea’s Naver Corp. said on Friday its group-based social media platform Band reached 6.04 million monthly active users (MAU) in the United States as of last month.
Band has been growing at a rate of more than 20% annually in the US since 2021, and it surpassed 5 million MAU in October of last year, exceeding 6 million just about a year later.
Naver reported that 65% of active Band users in the US are part of school or sports groups.
The user demographics show that 25% are teenagers, 25% are in their 40s, 20% are in their 30s and about 15% are in their 20s.
The number of users in business groups has increased by more than 40% compared to last year.
Naver explained that most business group users work in field-based jobs such as food and beverage, retail, healthcare, military, and police.
Band is being used as an optimized social media platform for real-time communication in such environments.
Write to Ji-Eun Jeong at jeong@hankyung.com
More to Read
-
Artificial intelligenceNaver’s AI-powered search, online shopping services to go into full swing
Nov 11, 2024 (Gmt+09:00)
3 Min read -
E-commerceNaver to lead hyper-personalized shopping trends with super app
Nov 08, 2024 (Gmt+09:00)
1 Min read -
Travel & LeisureNaver to upgrade Korean map service for foreigners
Oct 02, 2024 (Gmt+09:00)
2 Min read -
Shareholder valueNaver to retire $306 mn shares, but stock remains weak
Sep 30, 2024 (Gmt+09:00)
2 Min read -
Artificial intelligenceNaver to set up Middle Eastern headquarters in Saudi Arabia
Sep 23, 2024 (Gmt+09:00)
3 Min read
Comment 0
LOG IN