Top 50 largest internet companies in the world 2022 (P.33) Naver: The Google of South Korea


( Naver has been referred to as 'the Google of South Korea'.

The Naver Corporation 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. Naver also manages the video messenger SNOW, and group communication service BAND.

Naver's current affiliates include Line Corporation, Snow, Naver Labs, Naver Webtoon, NAVER Cloud, and Works Mobile. The company is currently cooperating with IT startups in order to evolve into a tech-based platform.

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.

Naver is a South Korean online platform operated by the Naver Corporation. It debuted in 1999 as the first web portal in South Korea to develop and use its own search engine. Naver has since added a multitude of new services ranging from basic features such as e-mail and news to the world's first online Q&A platform Knowledge iN.

As of September 2017, the search engine handled 74.7% of all web searches in South Korea and had 42 million enrolled users. More than 25 million Koreans have Naver as the start page on their default browser and the mobile application has 28 million daily visitors. Naver has also been referred to as 'the Google of South Korea'.

As of 2021, Naver had 4,595 employees, excluding subsidiaries. Naver currently holds global offices in Japan, US, France, China, Vietnam, Taiwan, and Indonesia.

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