Naver Corporation
| Naver Corporation
|
|
|---|---|
 |
|
| legal form | Corporation (주식회사) |
| ISIN | KR7035420009 |
| founding | 1999, 2001 as NHN (Next Human Network) |
| Seat |
Seongnam , Gyeonggi-do ,
|
| management | Han Seong Sook (since March 2017) |
| Number of employees | 2,397 |
| sales | 3.25 Bil. Won (2.3 billion euros ) |
| Branch | Internet services |
| Website | www.navercorp.com |
| As of December 31, 2015 | |
| Korean spelling | |
|---|---|
| Hangeul | 네이버 주식회사 |
Naver Corp. (네이버 주식회사) is a South Korean company headquartered in Seongnam , which is particularly known for the search engine of the same name , the Hangame game portal and the Messenger Line . The company's main competitor is the 2014 merger of Kakao Talk and Daum Communications .
The two companies Hangame (founded in 1998) and Naver merged in September 2001 to form NHN Corporation. In 2013 there was another restructuring at NHN, with the parent company returning to Naver Corp. in April. renamed, the games division then outsourced to NHN Entertainment and NHN Japan restructured to the Line Corporation .
Naver Corporation has been listed on the Korean Stock Exchange since 2002 and was the most valuable company in the KOSDAQ technology index from 2004 to 2008 . The Naver Corporation has been listed in the KOSPI blue-chip index since 2008 and is one of the 10 largest companies in South Korea in terms of market value .
Products
At the time of its inception, Naver was the first Korean search engine. Since there was not enough Korean-language content, Naver, in contrast to Google Inc., built on its own creation of content. Naver's blog, Naver Cafe or the question-and-answer portal "지식 in" (Jishik-in) were therefore decisive elements for Naver's market conquest. The idea of digital information on a voluntary basis was implemented by Naver Corporation from 2002 with great success and therefore later by many competitors, such as B. Yahoo! Answers (2006), gutefrage.net (2006) or Wer-weiss-was.de (2007). Other important contents of the portal are the large collection of webtoons (web manhwas ), web novels, proprietary dictionaries and "navercasts". For registered users, the company provides e-mail and 30 gigabytes of web space (as of 2014). The portal's search engine dominates the Korean market for search queries with a market share of over 70%, followed by the search engines Daum and Google. Yahoo , which established a Korean branch in 1997, withdrew from the market in 2012, but continues to offer its service in Korean.
With Junior Naver, the Naver Corporation created a portal with content specially tailored for children, in particular animated short films, small educational games or easily understandable Manhwas . Naver Corporation guarantees the safety and youth tolerance of all search results and content.
Line Messenger
While the market in South Korea is dominated by competitor Kakao Talk , Naver Corp. a surprising breakthrough in Japan when the developed messenger "Line" became one of the most important means of communication during the Tōhoku earthquake in 2011 . In order to react to the importance of the Japanese market for Line's success, a large part of Line's marketing and development was shifted to a Japanese subsidiary called Line Corporation, which currently has around 600 employees. In mid-2014, Line had around 400 million registered customers.
Livedoor
Livedoor was a Japanese web portal and Internet service provider that was hijacked by Naver Corp. after fraud scandals in April 2010. was bought up. The company has since been largely integrated into Naver's Japanese subsidiary Line Corporation .
Papago
An online translation service for multiple languages.
V Live
A streaming service for live videos from K-Pop stars.
The world's largest provider of webtoons .
In 2011 Naver released the Whale web browser , which is based on Chromium .
NHN Entertainment
This subsidiary is the only company that still bears the name NHN to this day. It was created in 2013, specifically to organize the video game business separately from Naver Corporation. The company is also headquartered in Seongnam City , but also has other branches such as NHN Entertainment USA, NHN Entertainment Singapore, NHN Playart (Japan) and NHN Mainland China. The games portal Hangame and the mobile games brand TOAST are also managed under the NHN Entertainment brand. The Japanese subsidiary NHN Playart also manages the Japanese manga portal Comico (コ ミ コ).
Others
The me2day microblogging network has been in operation since 2007 and has since been successful. However, in 2014, Naver Corporation announced that it would end the service in the near future. The reason was probably the stagnating number of users.
Web links
- Homepage of the Naver portal
- Junior Naver with content especially for children
- English language website from NHN Entertainment
Individual evidence
- ↑ CEO Message ( Memento from October 22, 2013 in the Internet Archive )
- ↑ a b Annual Report 2015
- ↑ a b Kakao Talk merges with Portal Daum Handelsblatt, May 26, 2014.
- ↑ a b NHN Japan becomes Line Corporation Accessed June 23, 2014
- ↑ http://eng.krx.co.kr/m2/m2_2/m2_2_3/JHPENG02002_03.jsp (no data)
- ↑ Now or Naver, South Korea's internet giant accessed June 24, 2014
- ^ Nam, Ackerman, Adamic, "Questions in, Knowledge iN? A Study of Naver's Question Answering Community," April 2009, University of Michigan, College of Engineering
- ↑ An Introduction to Naver and SEO in Korea, accessed June 23, 2014
- ↑ Yahoo to withdraw from Korea, accessed June 23, 2014
- ↑ Naver Scrambles to Tackle Kakao in Korea, accessed June 24, 2014