KoreaCrunch

The Daum.net, South Korea's second largest portal, is going to be going with Google when their contract expires with Yahoo (Overture) in January. Some are even making prediction of M&A between the two with rumor that Daum Communications could end its business ties with Overture in the advertisements business. Meanwhile, on 9th, Google spoke that Namu Communications, a 100% Daum invested subsidiary as their official Korean reseller of Google's Adwords. The Korean search market is over $600 million and Overture has over 90% market share with Naver.com. Google departed later. There are so small advertise providers contracted with Google such ...

Tistory.com was recently launched open beta services of the customizable blog by Daum with local venture start-up Tatter & Company. Tistory is drawing keen attention as the new breed is useful in making blog-specific full-featured applications with customizing theme, free storage and free video service. Also it allows to change other domain name of users and It's almost same of Wordpress.com model of Automattic in US. Since pilot runs of the flexible blogs of Daum began late last year, roughly 7,000 users applied to subscribe to the services a week on average and the total now amounts to 40,000. Tistory won’t overwhelm ...