Page 21 - Fortune-November 01, 2018

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NAVER NETFLIX S.F. HOLDING
SOUTH KOREA ($124) THE FUTURE 50 U.S. (NFLX, $326) CHINA ($6)

4.7 4.5 4.2
3.3 1.4 2.9 1.6 2.8 1.4

THE KOREAN tech giant estab- YOU CAN’T spell FAANG with- CHINA’S DELIVERY firms have
lished an early lead in its home $90 out the “N” in Netflix, and surged thanks to the nation’s
market for search and other In- BILLION the streaming service’s stock e-commerce boom. But S.F.
ternet services. Since 2013, its has outperformed nearly ev- Express, a subsidiary of S.F.
share price has more than dou- ery other name in the acro- Holding, has emerged on top.
bled, and Naver is poised to ex- nym (except Amazon) over the Group revenues in the first half
tend its reach in cloud services Average past three years, rising 200%. of this year rose 32.2%, and
and payment processing, an- market There are plenty of indications analysts predict 20% future
alysts say. LINE, a subsidiary that success will continue, annual growth. The premium
that makes a popular chat app, capitalization with analysts predicting 25% courier service distinguishes
recently capitalized on a hot of the 50 annual revenue growth over itself by retaining complete
trend, introducing a rewards- companies the next few years. While it’s control over its delivery net-
points-like cryptocurrency facing more pressure from work rather than adopting a
called Link that people can use on the list, traditional entertainment pro- franchise model. That net-
to buy and sell game-related as of viders that are developing work includes a fleet of aircraft,
content. Facebook’s struggles, Oct. 10, 2018 their own channels—Disney and S.F. Express is investing in
meanwhile, create an opening will launch a streaming ser- drones, too, nabbing China’s
for Naver to capture more chat vice in 2019, for example— first government-issued drone
market share. Netflix has made big strides in delivery license this year.
Market value: $17.8 billion growth abroad. Over the past Market value: $26.2 billion
year, while domestic member-
ships jumped 11%, subscriber
ranks internationally grew
07 40%, and international reve-
nues now roughly equal those
generated by Netflix’s domes-
VERTEX tic streaming viewership.
PHARMACEUTICALS Market value: $141.9 billion
U.S. (VRTX, $176)

4.6
3.2 1.4

VERTEX GOT its start making
a hepatitis C drug, but it has
more recently homed in on
medicine that treats symptoms
of cystic fibrosis, a genetic dis-
DAVID BUK ACH/© NE T FLIX /COUR T ESY E V ERE T T COLLEC T ION Kalydeco, account for 87% of BLOCKBUSTER
ease that afflicts 75,000 peo-
ple worldwide. Its two best-
selling drugs, Orkambi and
its $2.5 billion in revenue. And
in February, Vertex received ap-
proval of a third CF drug, Sym-
deko, which earned $186 mil-
lion in its first quarter on the
market—more than twice what
analysts expected. The success
Jeffrey Wright in a
of the drugs has helped Vertex
scene fromHold the
more than double its revenue in
Dark,one of more
three years.
than 80 feature
films that Netflix
Market value: $45.1 billion
plans to release
in2018.
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