Kakao

South Korean internet company

Kakao Corporation

Native name

| 주식회사 카카오

Romanized name

| RR: Jusikhoesa Kakao
MR: Chushikhoesa K'ak'ao
Company type| Public

Traded as

| KRX: 035720
Industry| Internet
Founded| 2010; 15 years ago (2010) (original company; as Kakao Inc.)
1 October 2014; 10 years ago (2014-10-01) (current incarnation)
Founder| Brian Kim
Headquarters| Jeju City, South Korea

Area served

| Worldwide

Key people

| Stephan Kim [ko] (chairman, head of corporate alignment center)[a][1]
Shina Chung (CEO)
Products|

* KakaoTalk
* Daum

Revenue|  KRW₩ 4.16 trillion (2020)[2]

Net income

|  KRW₩ 167.1 billion  (2020)
Owners|

* Brian Kim (23.80%)[3]
* National Pension Service (6.41%)[3]
* Maximo Pte (Tencent) (5.93%)[3]

Number of employees

| 10,644  (2020)
Subsidiaries| Kakao Entertainment
Kakao Games
Kakao Friends
Kakao Mobility
Website| kakaocorp.com
Kakao

Hangul|

카카오

Revised Romanization| Kakao
McCune–Reischauer| K'ak'ao

Kakao Corporation (Korean: 카카오) is a South Korean internet conglomerate headquartered in Jeju City. It was formed through the merger of Daum Communications and the original Kakao Inc in 2010. The company was renamed Daum Kakao in 2014.[4] In 2015, it was rebranded once more, reverting simply to Kakao.[5]

The KakaoTalk messaging app dominates in South Korea, and after launching in March 2010, the service gained around 90% of domestic market share in 2015.[6] In January 2016, Kakao acquired a 76.4% stake in LOEN Entertainment, a large South Korean entertainment company, for $1.5 billion;[7] it was later rebranded to Kakao M. The company has gained further prominence through KakaoTalk, a free mobile instant messaging application for smartphones, with text and call features.

## History

[edit]

### 2006–2014: Founding of Kakao Corp.

[edit]

Kakao Corp is the company behind KakaoTalk, which serves as its main platform and flagship application. It was founded in 2006 by Kim Bum-soo, the former CEO of NHN Corporation (the organization that emerged from the Hangame and Naver.com merger) as Kakao Inc.[8] Kakao Corp. (then known as Kakao Inc.) is based in Seoul, South Korea. Manson Yeo and Sean Joh serve as the current co-CEOs.[9]

In August 2013, three of globally ranked top 10 Android games (according to analytics provider App Annie) are tied into the KakaoTalk platform—Everybody’s Marble, Cookie Run, and Anipang.[10] With 93 percent of South Korea's users on KakaoTalk, the free downloads of the games Ani Pang and Dragon Flight, which can only be played with a Kakao Talk account, were deemed "national" games. To maintain simplicity across all the provided services, Kakao applications can be purchased and logged in with links to KakaoTalk.[11] Kakao Corp generated revenue of approximately $200M (USD) in 2013 through gaming, digital content, mobile commerce, and its marketing channels for brands and celebrities.[12] Kakao Corp. was named a Top Developer on Google's Android Market, and KakaoTalk was chosen as the number one Free SMS App by Cnet.[13]

According to a December 2013 App Annie report, Kakao is the world's third top publisher by monthly revenue at Google Play. Kakao Corp. is the number one publisher for iOS and Google Play in South Korea, and KakaoTalk is the number one app for iOS and Google Play revenue in South Korea.[14] KakaoTalk was nominated for the Most Innovative Mobile App Award at the Global Mobile Awards 2014.[15] Kakao Corp. agreed to buy Daum Communications Corp, to cut costs and save time to jump-start growth and gain a listing in Seoul, South Korea.[16]

Kakao Corp's full suite of apps includes: KakaoTalk, KakaoStory, KakaoTaxi, KakaoAccount, KakaoMap, KakaoDriver, KakaoBus, KakaoMusic, KakaoGroup, KakaoHome, KakaoPlace, KakaoAlbum, KakaoPage, KakaoStyle, and KakaoAgit.[17]

### 2014–2015: Merger of Daum and Kakao

[edit]

On 26 May 2014, Kakao Corp. announced that it had decided to merge with Daum Communications, one of Korea's top Internet portals, through a stock swap. market capitalization, enabling it to lodge a credible threat to Naver, which is South Korea's biggest web portal.[18]

In 2015, the company changed its name to Kakao, restoring its pre-merger name. Due to gambling and censorship issues within the Kakao ecosystem, the organization's board of directors ejected Kim-beom-soo as CEO and decided to replace him with Rim Ji-hoon.[19][20][21] Kim Beom-soo become the largest shareholder in the new pro forma company with a 22.2 percent stake.[22]

### 2016–present: New business model

[edit]

Kakao was approved by South Korean regulators to become the nation's first internet-only bank in 2017. The internet bank engages in the same business as commercial banks, including processing deposits, loans and wiring money. Consumers will no longer need to visit a bank to open a new bank account or to get a loan. Kakao's business plan was considered innovative, and the company's business model was expected to secure sizable customer sign-ups relatively easily, based on the users of KakaoTalk, which is the country's most popular messaging application.[23]

Although K Bank eventually became South Korea's first Internet-only bank having been launched several months prior, Kakao Bank immediately attracted more customers; 820,000 within four days of its launch on 27 July 2017.[24] The dedicated Kakao Bank app itself was downloaded 1.5 million times within the same period.[24] The bank had 3.5 million customers after a month.[25] These figures trounced the 400,000 users that K-Bank amassed within 100 days of its existence.[25]

By 26 September 2017, Kakao Bank lent ₩1.4 trillion ($1.2 billion), constituting 40 percent of the total loans in all of South Korea for that particular month.[26] The bank's unprecedented expansion is seen as an exception to the closure of banks, particularly foreign-owned institutions. The fledgling performance for these banks is being blamed on the high cost of maintaining brick-and-mortar operations and the popularity of internet finance among Korean consumers.[26]

On 10 March 2015, Daum Kakao launched their KakaoTaxi service that allows users to call a taxi using the KakaoTaxi application.[27] About 600,000 taxi-consumers used the ride-hailing platform every day within eight months of its launch.[28][29]

In 2017, KakaoTaxi was renamed to Kakao T. The service includes the premium extension Kakao Taxi Black, which allows users to book rides in Seoul via the messenger app, exclusively carried in luxury cars such as Mercedes Benz, Lexus, and BMW. Fares for the premium service start at ₩8,000. Kakao announced plans to expand the offering to other Korean cities within the following year.[30] Kakao announced in April 2019 that they would be launching a e-bike sharing service with an initial fleet of 400 bikes across two major cities.[31]

## Products and services

[edit]

### KakaoTalk

[edit]

KakaoTalk commonly referred to as KaTalk in South Korea, is an instant messenger and online services platform operated by Kakao Corporation.[32]

### Kakao Entertainment

[edit]

Main article: Kakao Entertainment

Kakao Entertainment Corp is a South Korean entertainment, mass media, and publishing company founded in 2021.[33]

### KakaoStyle

[edit]

Main article: KakaoStyle

KakaoStyle is a mobile application that curates and aggregates fashion content, links, stores, and information from various websites. KakaoTalk users are able to discover various fashion trends using the app, and see their friend's interests. The app gives suggestions, and links to purchase clothing and various items.[34]

### KakaoPay

[edit]

Main article: KakaoPay

Kakao Pay is a mobile payment and digital wallet service by Kakao based in South Korea that allows users to make mobile payments and online transactions. The service supports contactless payments using near-field communications and QR codes.[35]

### KakaoBank

[edit]

Main article: KakaoBank

KakaoBank Corp. is a South Korean financial institution specializing in mobile banking services and financial technology. It was founded in 2016 through a collaboration between Korea Investment Holdings and Kakao Corp.[36]

### Kakao T

[edit]

Main article: Kakao T

Kakao Taxi in Daejeon

Kakao T is a Korean transportation service app launched in 2017 by Kakao Mobility Corp., a subsidiary of Kakao. The service provides taxi-hailing, designated driver booking, nearby parking space searching, and real-time traffic information service.[37]

### Kakao Games

[edit]

Main article: Kakao Games

Kakao Games Corp. is a South Korean video game publisher and a subsidiary of Kakao. It specializes in developing and publishing games on PC, mobile, and VR platforms.[38]

### Others

[edit]

* KakaoBus: real-time location and traffic information on buses.
* KakaoMetro: metro line app, allows users to view the metro map, plan trips, and check prices.
* KakaoStory: image, video, and music sharing service
* KakaoPage: web-based comic and novel service
* Brunch: mobile contents publishing service
* KakaoMusic: music app with sharing features
* Melon: music streaming service acquired through Kakao M
* PotPlayer: media player for Windows
* KakaoHairshop: service, finding a nearby beauty salon
* Klaytn: consumer blockchain platform for mobile payments (via its subsidiary Ground X)[39]
* KakaoFriends: diverse products including finance, distribution, foods, and so on
* KakaoHello: Call app service based on Kakao account
* KakaoTV: integrates Kakao TV Live broadcasting with KakaoTalk's open chatting
* KakaoHome: service, managing Smartphone home display
* KakaoPlace: service, sharing famous places
* KakaoAlbum: sharing pictures with Kakao friends

## Subsidiary

[edit]

### Investment

[edit]

* Kakao INV: Investment in late stage startups.
* Kakao Ventures: Venture Capital for early stage startups.

## Notes

[edit]

1. ^ Also concurrent CEO of subsidiary Kakao Entertainment. Not related to Brian Kim.

## See also

[edit]

* Internet portal

* Search engine
* Comparison of search engines
* Timeline of web search engines

## References

[edit]

1. ^ Yoo, So-yeon (4 April 2022). "Kakao to build large-scale K-pop performance venue in northern Seoul". Korea JoongAng Daily. Archived from the original on 25 December 2022. Retrieved 12 April 2022.
2. ^ "Earning Release 2021". ir.expediagroup.com. 13 February 2020. Archived from the original on 25 December 2022. Retrieved 23 April 2021.
3. ^ a b c "KAKAO CORP. (A035720)". MarketScreener. Archived from the original on 9 March 2023. Retrieved 9 March 2023.
4. ^ "kakao > About > History". Kakao Corp. Kakao. Archived from the original on 1 October 2015. Retrieved 9 October 2015.
5. ^ "Daum Kakao Sets Sail Under New Name". The Chosun Ilbo. Seoul. 24 September 2015. Archived from the original on 1 October 2019. Retrieved 9 October 2015.
6. ^ matthew (3 February 2014). "KakaoTalk Nominated for Most Innovative Mobile App Award at Global Mobile Awards 2014". Businesskorea (in Korean). Retrieved 13 October 2024.
7. ^ "Kakao acquires Loen". The Korea Times. 11 January 2016. Archived from the original on 30 September 2019. Retrieved 18 September 2017.
8. ^ Kim, Nam Kyu (18 March 2010). "아이위랩, 아이폰용 메신저 '카카오톡' 출시". Economy Today. Archived from the original on 3 October 2013. Retrieved 1 May 2013.
9. ^ "Kakao". kakaocorp.com (in Korean). Archived from the original on 20 April 2018. Retrieved 19 April 2018.
10. ^ ACUÑA, ABEL (19 October 2013). "Why is mobile gaming so popular in South Korea?". VentureBeat. Archived from the original on 18 June 2018. Retrieved 13 November 2016.
11. ^ "KakaoTalk, a Mobile Social Platform". KoreaMarketing.co=22 December 2013. Archived from the original on 14 November 2016. Retrieved 19 May 2014.
12. ^ "South Korea's Kakao Pushes Boundaries of Social Media". The Wall Street Journal. 26 February 2014. Archived from the original on 21 September 2014. Retrieved 21 April 2014.
13. ^ "Cnet's No.1 Free SMS app KakaoTalk". Cnet. 26 September 2011. Archived from the original on 29 September 2011. Retrieved 26 September 2011.
14. ^ "App Annie Index: Apps – LINE Tops the Revenue Rankings". AppAnnie. 30 January 2014. Archived from the original on 15 September 2014. Retrieved 20 April 2014.
15. ^ "Korean Software Recognition". BusinessKorea. 3 February 2014. Archived from the original on 1 July 2014. Retrieved 19 May 2014.
16. ^ "Kakao Corp Agrees to Buy Daum to Spur Growth, Gain Seoul Listing". Bloomberg. 26 May 2014. Archived from the original on 26 May 2014. Retrieved 19 May 2014.
17. ^ "Kakao Corp Home". Kakao. 21 April 2014. Archived from the original on 8 September 2015. Retrieved 19 April 2018.
18. ^ "Daum, Kakao announce merger". The Korea Herald. 26 May 2014. Archived from the original on 9 June 2014. Retrieved 11 June 2014.
19. ^ "Kakao Changes CEO, Name to Highlight Corporate Identity as Leader in Mobile Market". businesskorea. Archived from the original on 12 January 2016. Retrieved 24 September 2015.
20. ^ "Daum Kakao to change its name to Kakao". yonhapnews. Archived from the original on 10 September 2015. Retrieved 1 September 2015.
21. ^ Russell, Jon (10 August 2015). "Korea's Daum Kakao Brings in 34-Year-Old CEO To Grow Its Messaging Business Overseas". TechCrunch. Archived from the original on 1 January 2016. Retrieved 1 January 2016.
22. ^ Lee, Min-Jeong (26 May 2014). "South Korean Messaging-App Maker Kakao to Buy Web Portal Daum". The Wall Street Journal. ISSN 0099-9660. Archived from the original on 20 February 2018. Retrieved 19 April 2018.
23. ^ "Kakao, KT Surge After South Korea Grants Online Banking Permits". bloomberg. Archived from the original on 3 December 2015. Retrieved 29 November 2015.
24. ^ a b "Kakao Bank attracts 820,000+ clients in four days since launch". FinTech Futures. Archived from the original on 20 June 2018. Retrieved 19 June 2018.
25. ^ a b Ray, Stephane (19 October 2017). "Kakao Bank: from 0 to 1,5 millions customers in just one week!". Archived from the original on 16 July 2022. Retrieved 19 June 2018.
26. ^ a b Song, Jung-a (5 October 2017). "South Korea web-only banks thrive as traditional lenders struggle". Financial Times. Archived from the original on 20 June 2018. Retrieved 20 June 2018.
27. ^ Shu, Catherine (31 March 2015). "Daum Kakao Debuts Uber Rival KakaoTaxi in South Korea". TechCrunch. Archived from the original on 12 March 2017. Retrieved 28 February 2017.
28. ^ "Messaging app Kakao's taxi service already has 84% of Seoul's drivers signed up". The Drum. Archived from the original on 1 March 2017. Retrieved 28 February 2017.
29. ^ Jin-young, Cho (17 December 2015). "Kakao Taxi Draws 600,000 Requests per Day". BusinessKorea. Archived from the original on 28 February 2017. Retrieved 28 February 2017.
30. ^ "Kakao Launches Luxury Taxi Service". Chosun. 4 November 2015. Archived from the original on 5 January 2016. Retrieved 28 December 2015.
31. ^ "Tech in Asia – Connecting Asia's startup ecosystem". Archived from the original on 10 November 2019. Retrieved 9 April 2019. `{{cite web}}`: no-break space character in `|archive-url=` at position 119 (help); no-break space character in `|url=` at position 76 (help)
32. ^ "Kakao". kakaocorp.com (in Korean). Retrieved 6 November 2024. `{{cite web}}`: no-break space character in `|url=` at position 32 (help)
33. ^ "Launch of KAKAO ENTERTAINMENT through strategic merger". Kakao Corp. (Press release). Archived from the original on 28 April 2021. Retrieved 1 May 2021 - via PR Newswire.
34. ^ "키뉴스" [Key News]. www.ittoday.co.kr. 19 February 2018. Archived from the original on 12 March 2013. Retrieved 18 February 2018.
35. ^ "카카오페이 '오래오래 함께가게' 팝업숍, 하남스타필드에 오픈". 다음 - 뉴스1. Retrieved 11 November 2024. `{{cite web}}`: no-break space character in `|url=` at position 39 (help)
36. ^ "카카오뱅크". kakaobank.com (in Korean). Retrieved 27 February 2025.
37. ^ "Kakao launches new collective mobility app Kakao T". m.theinvestor.co.kr. Retrieved 10 November 2024. `{{cite web}}`: no-break space character in `|url=` at position 55 (help)
38. ^ "모바일 게임 '프렌즈타운', 신규 콘텐츠 '무지의 놀이공원' 등장". 다음 - 포모스. Retrieved 28 November 2024. `{{cite web}}`: no-break space character in `|url=` at position 39 (help)
39. ^ "Tech in Asia – Connecting Asia's startup ecosystem". Archived from the original on 3 October 2021. Retrieved 9 April 2019. `{{cite web}}`: no-break space character in `|archive-url=` at position 112 (help); no-break space character in `|url=` at position 69 (help)

32\. Naver vs. Kakao: Way of working with startups. https://pickool.net/naver-vs-kakao-way-of-working-with-startups/ Archived 3 September 2020 at the Wayback Machine

## External links

[edit]

* Official website
* Business data for Kakao:

* Google
* Reuters
* Yahoo!

* v
* t
* e

Kakao

Web assets|

* Daum
* KakaoBank
* KakaoGroup
* KakaoMusic
* KakaoPage
* KakaoStory
* KakaoStyle
* KakaoTalk
* KakaoPay
* Kakao T
* KakaoTV
* Kakao Webtoon
* MelOn
* Piccoma
* Tistory
* tvPot

Subsidiaries|

* Kakao Entertainment
* Kakao Games
* Kakao Japan

People|

* Kim Beom-soo
* Rim Ji-hoon

Other|

* Kakao Friends
* PotPlayer
* Global World Encyclopedia
* Path (social network)

* v
* t
* e

Major Internet companies

Companies with an annual revenue of over US$4 billion

Internet |

* Adobe
* Alibaba
* Alphabet
* Google
* Amazon
* Apple
* Baidu
* IAC
* Kakao
* Meituan
* Meta
* Facebook
* Microsoft
* Naver
* NetEase
* Tencent
* Yandex

Cloud computing|

* Akamai
* Alibaba Cloud
* AWS
* Apple iCloud
* Google
* IBM
* Microsoft Azure
* Oracle Corporation
* Salesforce
* SAP
* ServiceNow

E-commerce|

* Amazon.com
* Apple
* Booking Holdings
* Coupang
* eBay
* Expedia
* Flipkart
* Groupon
* JD.com
* Lazada
* Mercado Libre
* Rakuten
* Shopee
* Shopify
* Suning.com
* Trip.com
* Uber
* Wayfair
* Zalando

Media|

* Bloomberg
* BuzzFeed
* ByteDance
* Kuaishou
* Netflix
* Paramount Streaming
* Spotify
* Warner Bros. Discovery

* v
* t
* e

Largest conglomerates in South Korea

1. Samsung
2. SK
3. Hyundai Motor
4. LG
5. POSCO
6. Lotte
7. Hanwha
8. HD Hyundai
9. GS
10. Nonghyup
11. Shinsegae
12. KT
13. CJ
14. Hanjin
15. Kakao
16. LS
17. Doosan
18. DL
19. Celltrion
20. HMM
21. Jungheung Construction
22. Mirae Asset
23. Naver
24. Hyundai Department Store
25. S-Oil
26. Booyoung
27. Coupang
28. Kumho Asiana
29. Harim
30. SM
31. HDC
32. Young Poong
33. Hyosung
34. Hoban Construction
35. DB
36. KT&G
37. KCC
38. Sinokor
39. Kyobo Life Insurance
40. Kolon
41. OCI
42. Taeyoung
43. Nexon
44. SeAh
45. LX
46. Netmarble
47. EcoPro
48. E-Land

* v
* t
* e

KOSPI 200 companies of South Korea

| Communication Service|

* Cheil Worldwide
* Hybe
* Kakao
* Krafton
* KT
* LG Uplus
* Naver
* NCSoft
* Netmarble
* SK Telecom

|

Constructions|

* Daewoo E&C
* DL E&C
* GS E&C
* Hanil Cement
* Hyundai E&C
* KEPCO E&C
* Samsung C&T
* Samsung E&A

Consumer Discretionary|

* Coway
* DoubleU Games
* F&F
* Fila
* Grand Korea Leisure
* Hana Tour
* Hanjin KAL
* Hankook
* Hankook & Company
* Hanon Systems
* Hansae
* Hanssem
* HL Mando
* Hotel Shilla
* Hyundai Department Store
* Hyundai Mobis
* Hyundai Motor
* Hyundai WIA
* Iljin Hysolus
* Kangwon Land
* KG Mobility
* Kia
* Kumho Tire
* Lotte Shopping
* Sebang Global Battery
* Shinsegae
* SL
* Youngone
* Youngone Holdings

Consumer Staples|

* Amorepacific
* Amorepacific Group
* APR
* BGF Retail
* CJ
* CJ CheilJedang
* Cosmax
* Daesang
* Dongsuh
* Emart
* GS Retail
* HiteJinro
* KEPCO
* Kolmar Korea
* Korea Gas
* KT&G
* LG H&H
* Lotte
* Lotte Chilsung
* Lotte Wellfood
* Nongshim
* Orion
* Orion Holdings
* Ottogi
* Samyang Foods

Energy & Chemicals|

* Cosmo Chemical
* DL
* Foosung
* GS
* Hansol Chemical
* Hanwha
* Hanwha Solutions
* HD Hyundai
* HS Hyosung Advanced Materials
* Hyosung TNC
* Isu Specialty Chemical
* KCC
* Kolon Industries
* Korea Petrochemical
* Kumho Petrochemical
* LG Chem
* Lotte Chemical
* Lotte Fine Chemical
* Miwon Commercial
* OCI
* OCI Holdings
* PI Advanced Materials
* SK
* SK Chemicals
* SK Innovation
* SKC
* S-Oil
* Taekwang Industrial
* TKG Huchems

Financials|

* BNK Financial
* DB Insurance
* DGB Financial
* Hana Financial
* Hanwha Life
* Hyundai Marine & Fire
* Industrial Bank of Korea
* JB Financial
* KakaoBank
* KakaoPay
* KB Financial
* Kiwoom Securities
* Korea Investment
* Meritz Financial
* Mirae Asset Securities
* NH Investment & Securities
* Samsung Card
* Samsung Fire & Marine
* Samsung Life
* Samsung Securities
* Shinhan Financial
* Woori Financial

Health Care|

* Celltrion
* Chong Kun Dang
* Daewoong
* Daewoong Pharmaceutical
* Dentium
* Green Cross
* Green Cross Holdings
* Hanall Biopharma
* Hanmi Pharm
* Hanmi Science
* Samsung Biologics
* SD Biosensor
* SK Biopharm
* SK Bioscience
* Yuhan

Heavy Industries|

* CS Wind
* Doosan
* Doosan Bobcat
* Doosan Enerbility
* Doosan Robotics
* Hanwha Ocean
* Hanwha Vision
* HD Hyundai Electric
* HD Hyundai Heavy Industries
* HD Hyundai Infracore
* HD Hyundai Mipo
* HD KSOE
* Hyosung Heavy Industries
* Hyundai Elevator
* Hyundai Rotem
* Samsung Heavy Industries

Industrials|

* CJ Logistics
* Doosan Fuel Cell
* Ecopro Materials
* Hanwha Aerospace
* Hanwha Systems
* HMM
* Hyundai Glovis
* KEPCO KPS
* Korea Aerospace
* Korean Air
* L&F
* LG Energy Solution
* LIG Nex1
* LS
* LS Electric
* LX International
* Pan Ocean
* POSCO Future M
* POSCO International
* S-1
* SK IE Technology
* SK Networks
* Taihan Cable & Solution

IT|

* Cosmo AM&T
* Hanmi Semiconductor
* LG
* LG Display
* LG Electronics
* LG Innotek
* POSCO DX
* Samsung Electro-Mechanics
* Samsung Electronics
* Samsung SDI
* Samsung SDS
* SK Hynix
* SK Square

Steels & Materials|

* Dongwon Systems
* Hyundai Steel
* Korea Zinc
* Poongsan
* POSCO
* Sama Aluminium
* Seah Besteel
* Seah Steel Holdings
* TCC Steel
* Youlchon Chemical

* v
* t
* e

DJSI World companies

Americas|

* Abbott Laboratories
* AbbVie
* Adobe
* Agilent Technologies
* Alphabet
* American Airlines Group
* Autodesk
* Banco Bradesco
* Banco do Brasil
* Bancolombia
* Biogen
* Canadian National
* CPKC
* Cisco
* Companhia Energética de Minas Gerais - CEMIG
* Cummins
* CVS Health Corporation
* DaVita
* Dow
* eBay
* Ecolab
* Edwards Lifesciences Corporation
* Elevance Health
* Palabella
* Fortinet
* General Mills
* Gilead Sciences
* Grupo Argos
* Grupo Sura
* Grupo Nutresa
* Healthpeak Properties
* Hess Corporation
* Hilton Worldwide
* Host Hotels & Resorts
* HP
* Illumina, Inc.
* Ingersoll Rand
* Itaú Unibanco
* Itaúsa
* Jacobs Solutions
* Kinross Gold Corporation
* Klabin
* Las Vegas Sands
* Lockheed Martin
* Lojas Renner
* Medtronic
* Microsoft
* Mondelez International
* Moody's Corporation
* Newmont
* Northrop Grumman
* Oshkosh Corporation
* Owens Corning
* Philip Morris International
* Prologis
* Regeneron Pharmaceuticals
* Republic Services
* Rumo Logística
* S&P Global
* Salesforce
* ServiceNow
* Snap Inc
* Sociedad Química y Minera
* Spirit AeroSystems
* Teck Resources
* The Cigna Group
* Gap Inc.
* The Williams Companies
* Union Pacific Corporation
* UnitedHealth Group
* Waste Management, Inc.
* Whirlpool Corporation

Europe|

* Aberdeen Group
* Acciona
* AENA
* Allianz
* Alstom
* Amadeus IT Group
* Anglo American plc
* Arkema
* ASML Holding
* ASR Nederland
* Assicurazioni Generali S.p.A.
* Aviva
* Axa
* Banco Bilbao Vizcaya Argentaria
* Banco Santander
* Bankinter
* Billerud
* bioMérieux
* BNP Paribas SA
* Bureau Veritas
* CaixaBank
* Carrefour SA
* Castellum
* CNH Industrial
* Coca-Cola HBC
* Covivio
* Dassault Systèmes
* Deutsche Börse
* Deutsche Post
* Deutsche Telekom
* Diageo
* EDP Group
* Enagás
* Endesa
* Enel SpA
* Engie
* EQT
* Exxaro
* Ferrovial
* Galp Energia
* GEA Group
* Gold Fields
* Grifols
* GSK
* H&M
* Hera Group
* Hochtief
* Hugo Boss
* Iberdrola
* Indra Sistemas
* Inditex
* Infineon Technologies
* Informa
* International Distributions Services
* Intesa Sanpaolo
* Italgas
* Iveco
* Kering
* Kesko Oyj
* Ahold Delhaize
* Landsec
* Lanxess
* Leonardo (company)
* Linde
* Merlin Properties
* Metro
* Moncler
* Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft
* Neste Oyj
* Nexi
* NN Group
* OMV Aktiengesellschaft
* Partners Group
* Pearson
* Pirelli
* Poste Italiane
* PostNL
* Prysmian
* Publicis Groupe
* Randstad NV
* Reckitt Benckiser Group
* Red Eléctrica Corporación
* Relx
* Rexel
* Roche
* Rolls-Royce Holdings
* Saipem
* Sanofi
* SAP
* Schneider Electric
* SGS
* Siemens Aktiengesellschaft
* Signify
* Snam
* Sodexo
* Sonova
* STMicroelectronics
* Storebrand
* Temenos AG
* Terna Group
* TF1
* TotalEnergies
* Trane Technologies
* UBS Group
* United Utilities
* UPM-Kymmene Oyj
* Valmet Oyj
* Veolia
* Vestas Wind Systems
* Viaplay Group
* Warehouses De Pauw
* Wendel
* WH Smith
* Worldline SA

Asia Pacific|

* Advanced Info Service
* Advantech Co
* Airports of Thailand Public Company Limited
* Ajinomoto Co., Inc.
* ANA Holdings
* ANZ Bank
* ASE Group
* Bangkok Dusit Medical Services
* Brambles Limited
* Bridgestone
* CapitaLand
* Cathay United Bank
* Central Pattana
* Central Retail Corporation
* Chailease Holding Company
* Chang Hwa Bank
* KGI Financial Holding
* Chugai Pharmaceutical Co.
* Chunghwa Telecom Co., Ltd.
* CP All
* CTBC Financial Holding
* Delta Electronics (Thailand) Public Company Limited
* Delta Electronics, Inc.
* Dentsu
* Dexus
* Doosan Enerbility
* Dr. Reddy's Laboratories Limited
* E Ink
* E.SUN Commercial Bank
* Far EasTone
* First Financial
* Fortescue (company)
* Fubon Financial Holding Co., Ltd.
* Fujitsu
* GPT Group
* Hana Financial Group Inc.
* Hindalco Industries
* Honda
* Hyundai Engineering & Construction
* Hyundai Glovis
* Hyundai Mobis
* Hyundai Motor Company
* Hyundai Steel
* Indorama Ventures Public Company Limited
* InnoLux Corporation
* ITOCHU Corporation
* JD.com
* JSW Steel
* Kakao Corp.
* Kanzhun Limited
* Kasikornbank
* KB Financial Group
* Keppel Corporation Limited
* Kia Corporation
* Komatsu Limited
* LG Electronics
* LG Household & Health Care
* Link Real Estate Investment Trust
* Lite-On
* Lixil Group
* LY Corporation
* Mahindra & Mahindra Limited
* Marui
* Mega International Commercial Bank
* Meiji Holdings
* Mirae Asset Securities
* Mitsubishi Chemical Group
* Mitsubishi Heavy Industries
* Mitsui & Co
* Nabtesco Corporation
* Nanya Technology Corporation
* National Australia Bank Limited
* Nikon Corporation
* Nippon Prologis
* Nissin Foods
* Nomura Holdings
* Nomura Research Institute
* NTT Data
* Olympus Corporation
* OMRON Corporation
* Ono Pharmaceutical
* Petronas
* President Chain Store Corporation
* PTT Exploration and Production
* PTT Global Chemical
* PTT Public Company
* Ricoh
* Samsung Biologics
* Samsung C&T Corporation
* Samsung Electro-Mechanics
* Samsung SDI
* Samsung Securities
* Sands China
* Siam Commercial Bank
* Sekisui Chemical
* Sekisui House
* Seven & I Holdings
* Shin Kong Group
* Shinhan Financial Group
* Shiseido
* Siam Cement Group
* Bank SinoPac
* SK Inc.
* SK Telecom
* SoftBank Corporation
* S-Oil
* Sojitz Corporation
* Stockland
* Sumitomo Forestry
* Swire Properties
* Sysmex Corporation
* Taishin Financial Holdings
* Taiwan Cooperative Bank
* Taiwan Mobile
* Taiwan Semiconductor Manufacturing Company
* Tech Mahindra
* Tencent Holdings
* ThaiBev
* Shanghai Commercial and Savings Bank
* Toppan
* Toto
* Transurban
* United Microelectronics Corporation
* UPL Limited
* Vanguard International Semiconductor Corporation
* Vedanta Limited
* Vicinity Centres
* Wilmar International
* WIN Semiconductors
* Woodside Energy
* WuXi AppTec
* WuXi Biologics
* Yokogawa Electric Corporation
* Yuanta Securities
* Yum China Holdings

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