NHN Current Liabilities

What does NHN do? The NHN Corp is a South Korean company headquartered in Seongnam. The company was founded in 1999 and is now one of the leading IT companies in South Korea. The NHN Corp employs over 2,000 employees and specializes in various business sectors. History: The NHN Corp was founded in 1999 by Kim Sang-hun. Initially, the company was mainly active in the online gaming sector. With the game "Kartrider," the NHN Corp quickly achieved great success in South Korea. This was followed by other games like "MapleStory" and "Dungeon Fighter Online." In 2009, the online chat service "Naver" was launched, which has since become one of the NHN Corp's most important products. The company is also active in other areas such as e-commerce and cloud computing. Business model: The NHN Corp's business model is primarily based on the online gaming and internet services sectors. The company employs a freemium model, meaning that most of its products can be used for free. Payments are only required for additional features or items. This model has proven to be very successful, especially in the online gaming sector. Divisions: The NHN Corp is divided into various divisions. The most important ones are: 1. Online gaming: The NHN Corp is mainly active in South Korea in this sector. The most well-known games include Kartrider, MapleStory, and Dungeon Fighter Online. The online gaming market in South Korea is very large, and the NHN Corp has a significant market share. 2. Internet services: The most important product in this division is the Naver online chat service. Naver is especially popular in South Korea, where it has a market share of over 70 percent. Naver also offers other services such as email, blogs, and a social network. 3. E-commerce: The NHN Corp is active in this sector with various platforms such as Gmarket and Auction. These platforms are similar to companies like eBay or Amazon and allow customers to buy and sell products online. 4. Cloud computing: The NHN Corp also offers various cloud computing services. This primarily involves operating IT infrastructures and applications in the cloud. Products: The NHN Corp's key products include: - Naver: The online chat service is the NHN Corp's most important product. Naver is used by over 30 million users every month. - Kartrider: The online racing game is one of the NHN Corp's most successful products. It has a large fan base in South Korea. - MapleStory: The multiplayer online role-playing game is also a highly successful product of the NHN Corp. It is played by over 100 million people worldwide. - Gmarket and Auction: These two platforms are the NHN Corp's main e-commerce services. Users can buy and sell products online through these platforms. - Cloud services: The NHN Corp offers various cloud services, such as the "Naver Cloud" platform. Customers can operate their IT infrastructures and applications in the cloud. Conclusion: The NHN Corp is a highly successful South Korean IT company, particularly strong in the online gaming and internet services sectors. With products like Kartrider, MapleStory, Naver, and Gmarket, the company has gained a large fan base. The NHN Corp's freemium model has proven to be very successful. In the coming years, the company aims to continue growing in the field of cloud computing. NHN is one of the most popular companies on Eulerpool.