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Recognized for growing new businesses like fintech and cloud
Ranked the highest among national companies, beating Celltrion
In the reporter Jinsol Lee | Naver (CEO Han Sung-suk) was ranked 33rd in “The Future 50” selected by Fortune, an American business magazine. Pocheon paid attention to Naver’s recent growth across fintech, cloud, and webtoon.
According to Naver 4, among the companies selected this time as 50 promising companies, two national companies are Naver and Celltrion. As for why he chose Naver, Pocheon explained that as a company operating the largest search engine in Korea, it has achieved quarterly sales growth of more than 24% by focusing on fast-growing areas.
Promising Companies 50 is a list that Forcheon has selected and announced 50 promising companies that will lead the future market together with Boston Consulting Group (BCG). The selection range has been expanded globally since 2018, starting in 2017, targeting only US companies. Naver was selected in 2018 and showed its presence.
Promising Companies50 selects companies with a market capitalization of over $ 2 billion or more than $ 1 billion in sales as of last year based on dozens of indicators. ▲ The growth potential seen in the market based on the financial performance of the company ▲ The company’s ability to realize this is critical.
Naver was ranked 33rd, the highest among Korean companies on the list. It ranks higher than global information technology (IT) companies such as PayPal (34th), Amazon (37th) and Alibaba (40th). By category, Spotify (10th) and Twitter (23rd) ranked third in communications services, followed by Tencent (45th) and Facebook (50th).
Meanwhile, Forbes, an American business magazine, also ranked Naver 9th in the ranking of the world’s most innovative companies in 2018. Naver updates the ranking every year after rising to the rankings in 2014.
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