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The platform business will not become a "top one" in the Korean market? [Ma Yue Jinman's monetary correspondence]

By mobilephones 06/06/2022 887 Views

Hello everyone. I'm Ma Yue Jin Man.

Now, in Japan, many people have a bad impression of South Korea and its economic activities because of its political background. In such South Korea, the presidential election will be held in March, and the economy will be greatly shaken in 2022. On the other hand, there are many interesting tendencies and examples, so I would like to summarize them on the basis of facts.

サムスン電子が一強 時価総額でトヨタ超える

When it comes to the big enterprises in South Korea, which one do you think of?

Today, South Korea's largest company is Samsung Electronics, with a total market capitalization of about 467 trillion won (about 46 trillion yen), a far cry from the second-placed SK Heinynix (95 trillion won = about 6.5 trillion yen).

On the other hand, the largest company in Japan by market capitalization is Toyota Motor, which is about 38 trillion yen. In fact, Samsung Electronics in South Korea is even bigger.

However, South Korean companies with more than 10 trillion yen have only three stars, while Japanese companies in addition to Toyota, there are Sony, Kearns, NTT, Recruit and other five companies, as the overall sense of size of Japanese enterprises can be said to win.

プラットフォームビジネスが「一強」にならない韓国市場の事情?【馬医金満のマネー通信】

In addition, if South Korean companies listed on the New York Stock Exchange (NYSE) are included, the ranking will change somewhat. Specifically, the online shopping giant that went public in March 2021, known as "Korea's Amazon", has a total market capitalization of $84 billion (about 9 trillion 700 billion yen) on its first day.

The total market capitalization fell to $51.4 billion at the end of last year, but if it is the Korean Stock Exchange, it is equivalent to fourth place, after NAVER.

カカオ株、NAVER株下落の背景......

One of the interesting themes of the South Korean stock market is the amendment bill known as the platform Control Act.

This is the protection of small and medium-sized enterprises, including restrictions on fees obtained by Internet platform companies, which may lead to a reduction in revenue from cocoa entertainment and NAVER.

Generally speaking, the platform business tends to be a top one, but South Korea may need to consider it as another thing.

So, good-bye!

(horse medicine is full of money)

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Read the report at that time

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