NHN Corporation
Encyclopedia
NHN Corporation is an Internet
Internet
The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite to serve billions of users worldwide...

 content service operator headquartered in Seongnam
Seongnam
Seongnam is the second largest city in South Korea's Gyeonggi province after Suwon and the 9th largest city in the country, with a population of nearly 1 million...

, South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

 and established in 1998. It operates the Naver
Naver (web portal)
Naver is a popular search portal in South Korea, with a market share of over 70%, compared to 2% for Google. Naver was launched in June 1999 by ex-Samsung employees, and it debuted as the first Web portal in South Korea that used its own proprietary search engine...

 portal, which is the most popular Internet portal and search engines in South Korea, and Hangame
Hangame
Hangame is a popular South Korean online game portal operated by NHN Corporation. Launched in December 1999, Hangame offers casual, first-person shooter, MMORPGs, sports, and other genres. With over 24 million members and a peak concurrent user base of 240,000 in South Korea, it is the country's...

, the country's number one online game portal. It also has affiliates in Japan, China (Ourgame and nciku) and the United States (ijji
Ijji
ijji , is a free multiplayer game portal website operated by the Irvine-based internet company NHN USA, a wholly owned subsidiary of South Korean NHN Corporation. NHN also has game portals in Korea , Japan, and China...

). It has the largest market capitalization of KOSDAQ
KOSDAQ
KOSDAQ is a trading board of Korea Exchange in South Korea established in 1996. Initially set up by Korea Financial Investment Association as an independent stock market from the Korean Stock Exchange, it was benchmarked from the American counterpart, NASDAQ.KOSDAQ is an electronic stock market,...

-listed companies.http://stock.naver.com/sise/sise_market_sum.nhn?sosok=1

History

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
Hangame
Hangame is a popular South Korean online game portal operated by NHN Corporation. Launched in December 1999, Hangame offers casual, first-person shooter, MMORPGs, sports, and other genres. With over 24 million members and a peak concurrent user base of 240,000 in South Korea, it is the country's...

 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. In July 2005, NHN USA was incorporated, which launched the ijji
Ijji
ijji , is a free multiplayer game portal website operated by the Irvine-based internet company NHN USA, a wholly owned subsidiary of South Korean NHN Corporation. NHN also has game portals in Korea , Japan, and China...

 game portal site in May 2007.
nciku, an English to Chinese and Chinese to English online dictionary service was launched in April, 2007. So far, it has become one of the best and most popular websites related to studying Chinese or English just until 2009.

In 2008, NHN appeared on the Forbes Global 2000
Forbes Global 2000
The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world by Forbes magazine. The ranking is based on a mix of four metrics: sales, profit, assets and market value...

 list for the first time. http://www.forbes.com/lists/2008/18/biz_2000global08_The-Global-2000_Rank.html In 2009, Kim Sang-Hun of NHN and Jing-Wan Kim of Samsung
Samsung
The Samsung Group is a South Korean multinational conglomerate corporation headquartered in Samsung Town, Seoul, South Korea...

 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."http://www.forbes.com/global/2009/1005/asia-fab-50-09-bhp-billiton-brambles-the-fab-50.html

See also

  • Naver
    Naver (web portal)
    Naver is a popular search portal in South Korea, with a market share of over 70%, compared to 2% for Google. Naver was launched in June 1999 by ex-Samsung employees, and it debuted as the first Web portal in South Korea that used its own proprietary search engine...

  • nciku- A spin-off of NHN China. Currently, nciku is owned and managed by Beijing DHFL Co. Ltd.
  • Knowledge Search
    Knowledge Search
    Knowledge Search service is an information-sharing tool launched in 2002 for Naver users. The tool allows users to ask just about any question, such as how to cook "ramen" or how to subscribe to international magazines via the Internet, and get answers from other users...

  • Hangame
    Hangame
    Hangame is a popular South Korean online game portal operated by NHN Corporation. Launched in December 1999, Hangame offers casual, first-person shooter, MMORPGs, sports, and other genres. With over 24 million members and a peak concurrent user base of 240,000 in South Korea, it is the country's...

  • ijji
    Ijji
    ijji , is a free multiplayer game portal website operated by the Irvine-based internet company NHN USA, a wholly owned subsidiary of South Korean NHN Corporation. NHN also has game portals in Korea , Japan, and China...

  • Livedoor
    Livedoor
    is an Internet service provider based in Tokyo, Japan, that runs a web portal and numerous other businesses. The company was founded and led in its first 10 years by Takafumi Horie, known as "Horiemon" in Japan...

    - a Japanese web portal, now owned by NHN.


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