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Naver Corporation
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Naver Corporation
Naver Corporation (Korean: 네이버 주식회사) is a South Korean internet conglomerate headquartered in Seongnam that operates the search engine Naver. Naver established itself as an early pioneer in the use of user-generated content through the creation of the online Q&A platform Knowledge iN.
On August 1, 2013, Naver decided to split with Hangame, a corporation with which it had grown together with as NHN Corporation for 13 years. On October 1, 2013, the company adopted its current name, Naver Corporation, in order to reflect the change, thus restoring its pre-merger name. Hangame is now overseen by NHN Entertainment Corporation. Naver's current affiliates include Snow, Naver Labs, Naver Webtoon, NAVER Cloud, and Works Mobile.
Naver Corporation was founded by Lee Hae-jin in 1999. Naver Corporation was first established in June 1999 under the name of Naver Comm. Along with its search engine Naver, the company also launched a service for children named Junior Naver. In July 2000, Naver merged with Hangame Communications Inc. and several other companies including Oneque and Search Solutions.
In August 2000, Naver began its 'comprehensive search' service, which allows users to get a variety of results from a search query on a single page, organized by type (for example blogs, webpages, images, cafes, etc.).
In 2001, NAVER Comm was renamed NHN Corporation (Next Human Network), although both divisions—Naver and Hangame—continued to operate under their original brand names. NHN also stood for (NAVER, Hangame, Network).[citation needed]
In 2002, NHN was registered on the KOSDAQ stock exchange, and launched the online Q&A service Naver Knowledge iN. In 2003, NHN merged all Japanese subsidiaries into NHN Japan. In 2005, Naver began the online donation service: Happy Bean. It also established its US branch under the name NHN USA. In 2007, it launched Naver Japan in order to pursue its search engine business in Japan. Meanwhile, NHN USA officially opened its American game service, ijji. However, it later sold away its 100% stake to Aeria Games.
In 2008, NHN appeared on the Forbes Global 2000 list for the first time. That same year, NHN had the largest market capitalization among KOSDAQ-listed companies before being transferred to the KOSPI market in November. In 2009, Kim Sang-Hun of NHN and Jing-Wan Kim of Samsung were the only South Korean CEOs to appear on Forbes' Asia's Fab 50 list.[citation needed]
In 2010, The company moved into its new headquarters now known as the Green Factory.[citation needed]
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Naver Corporation
Naver Corporation (Korean: 네이버 주식회사) is a South Korean internet conglomerate headquartered in Seongnam that operates the search engine Naver. Naver established itself as an early pioneer in the use of user-generated content through the creation of the online Q&A platform Knowledge iN.
On August 1, 2013, Naver decided to split with Hangame, a corporation with which it had grown together with as NHN Corporation for 13 years. On October 1, 2013, the company adopted its current name, Naver Corporation, in order to reflect the change, thus restoring its pre-merger name. Hangame is now overseen by NHN Entertainment Corporation. Naver's current affiliates include Snow, Naver Labs, Naver Webtoon, NAVER Cloud, and Works Mobile.
Naver Corporation was founded by Lee Hae-jin in 1999. Naver Corporation was first established in June 1999 under the name of Naver Comm. Along with its search engine Naver, the company also launched a service for children named Junior Naver. In July 2000, Naver merged with Hangame Communications Inc. and several other companies including Oneque and Search Solutions.
In August 2000, Naver began its 'comprehensive search' service, which allows users to get a variety of results from a search query on a single page, organized by type (for example blogs, webpages, images, cafes, etc.).
In 2001, NAVER Comm was renamed NHN Corporation (Next Human Network), although both divisions—Naver and Hangame—continued to operate under their original brand names. NHN also stood for (NAVER, Hangame, Network).[citation needed]
In 2002, NHN was registered on the KOSDAQ stock exchange, and launched the online Q&A service Naver Knowledge iN. In 2003, NHN merged all Japanese subsidiaries into NHN Japan. In 2005, Naver began the online donation service: Happy Bean. It also established its US branch under the name NHN USA. In 2007, it launched Naver Japan in order to pursue its search engine business in Japan. Meanwhile, NHN USA officially opened its American game service, ijji. However, it later sold away its 100% stake to Aeria Games.
In 2008, NHN appeared on the Forbes Global 2000 list for the first time. That same year, NHN had the largest market capitalization among KOSDAQ-listed companies before being transferred to the KOSPI market in November. In 2009, Kim Sang-Hun of NHN and Jing-Wan Kim of Samsung were the only South Korean CEOs to appear on Forbes' Asia's Fab 50 list.[citation needed]
In 2010, The company moved into its new headquarters now known as the Green Factory.[citation needed]
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