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The net profit of the South Korean internet company Naver in the third quarter fell by 45% compared to the same period last year, to 402.5 billion won ($300.6 million), writes the Wall Street Journal. The company's revenues grew by 11%, but operating expenses increased by 18% due to investments in the development of projects in the field of artificial intelligence.

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The net profit of the South Korean internet company Naver in the third quarter fell by 45% compared to the same period last year, to 402.5 billion won ($300.6 million), writes the Wall Street Journal. The company's revenues grew by 11%, but operating expenses increased by 18% due to investments in the development of projects in the field of artificial intelligence.

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