Naver, which runs the biggest search engine in South Korea, has lately been focused on fast-growing businesses like fintech, cloud storage, and digital comics (its cartoon platform has nearly 70 million monthly users)—moves that helped it grow operating revenue 24% in the most recent quarter. The company is in the midst of merging its messaging app with SoftBank’s Z Holdings (formerly Yahoo Japan) in a deal slated to close next year.
Courtesy of Naver Corp.
Company Information
As of 12/3/20
Country
South Korea
Headquarters
Gyeoggi-do
Industry
Interactive Media and Services
CEO
Seong-Sook Han
Website
Company Type
Public
Ticker
KS: 035420
Revenues ($M)
$5,683
Profits ($M)
$692
Market Value ($M)
$41,433
Employees
3,434
Figures are for the latest twelve months ended Sept. 30, 2020. Market Value as of Nov. 20, 2020. Sources: Bloomberg; S&P Global.
Future 50As of 12/3/20
Overall Score
1.8
Sector
Communication Services
Historical Data
| Year | Revenues ($M) | Profits ($M) |
|---|---|---|
| 2018 | $4,683 | $751 |
Lists ranking Naver