By Kwanwoo Jun

Naver Corp.'s net profit more than tripled in the second quarter from a year earlier thanks to solid growth in e-commerce and other expanding online businesses.

Net profit for the quarter ended June 30 was 90.70 billion Korean won ($76.2 million) compared with net profit of KRW27.80 billion in the same quarter a year earlier, the South Korean internet group said Thursday. It missed a FactSet consensus forecast for net profit of KRW167.31 billion.

Revenue during the quarter rose 17% on year to KRW1.903 trillion, while operating profit gained 80% on year to KRW230.60 billion.

Naver said the solid quarterly results were driven by the surging demand for online shopping and its expansion of online advertisements, paid-content and other business platforms.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com