NHN Net Worth is11.1 $Billion
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Company Name: NHN Corp.
Company Type: Public company (KRX: [http://english.kosdaq.com/enterprise/center/center.jsp?code
Foundation: June 1999
Location: NHN green factory, 178-1, Jeongja-dong, Bundang-gu, Seongnam-si, Gyeonggi-do, SOUTH KOREA
Key People: Kim Sang-Hun, CEO
Industry: Internet
Products: Naver, Hangame
Revenue: operating income
Net Income: {{profit}}452 billion KRW (2011)
Num Employees: 8,615 (2011)
Homepage: [http://www.nhncorp.com www.nhncorp.com]
NHN Corporation (KRX: 035420) is an Internet content service operator headquartered in Seongnam, South Korea and established in 1998. It operates the Naver portal, which is the most popular Internet portal and search engines in South Korea, and Hangame, the country's number one online game portal.[citation needed] It also has affiliates in Japan. It had the largest market capitalization of KOSDAQ-listed companies however was transferred to Kospi market on November 2008.
NHN was formed in September 2001 through the merger of Hangame Communications, Inc., an online gaming company, and Naver.com, a search engine company. Both had been formed a few years earlier, with Hangame coming into being in November 1998, and Naver in June 1999. Upon the merger, the name of the company was changed to "Next Human Network", or NHN, although the two divisions continue to operate under their original brand names.
Both Naver and Hangame had established Japanese affiliates in 2000, which continued to operate as separate entities until they too were merged in October 2003. In June 2004, NHN formed "Ourgame", a joint venture company in China with Sea Rainbow Holdings however sold the stake in October 2011. In July 2005, NHN USA was incorporated, which launched the ijji game portal site in May 2007 however sold the stake in December 2011.
In 2008, NHN appeared on the Forbes Global 2000 list for the first time. In 2009, Kim Sang-Hun of NHN and Jing-Wan Kim of Samsung were the only South Korean bosses to appear on Asia's Fab 50, which is a list of the top 50 "biggest, best bosses in Asia."
In 2012, NHN announced that it planned to invest 1.5 billion South Korean won in 10 social media games.
Naver, officially launced in 1999, was the first Korean portal site to develop its own search engine and has been leading the Korean internet industry with its search services. Naver plays a leading role in the dissemination of knowledge over the internet, the most equitable medium in the

NHN Latest News

Google buys Eyefluence, which builds eye-tracking technology for virtual reality

Their Series B, some $14 million closed in November 2015, was led by Motorola Solutions Venture Capital, with participation from NHN Investment, Dolby Family Ventures, and Jazz Venture Partners. Terms of the acquisition have not been disclosed. Google’s ...
Posted: October 25, 2016, 12:41 am

KG Group drops bid for McDonald's South Korea business

South Korea's KG Group had partnered with NHN Entertainment Corp (181710.KS) to bid to buy the business. NHN also said in a separate filing that KG Group's bid had been dropped. A Seoul-based spokeswoman for McDonald's could not be immediately reached for ...
Posted: October 24, 2016, 4:44 am

Google Nabs Eyefluence Eye-Tracking Startup To Boost Virtual Reality Experiences

These investments equal roughly $21.6 million USD from companies such as Intel Capital, Jazz Venture Partners, Motorola Solutions Venture Capital, and NHN Investment. The financial details of the Google-Eyefluence deal have not yet been disclosed.
Posted: October 25, 2016, 1:09 pm
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