Friday February 6, 2009 13:30
People said Korea is a grave of famous global companies such as Wal-mart, Nokia Carrefour, Nestlé,and Google. MySpace also quits their business in here.
Youtube is not exception. It was opened in one year ago with promotion of Steve Chen, co-founder of Youtube, visited Korea. During one year, Youtube seems nice growth but, it still struggles [...]
Wednesday February 4, 2009 21:14
NHN announced earning surprise of 2008 year with increasing over 30% sales and income compared with 2007. According to corporate earning presentation, the total sales in 2008 reached 8.6 hundred million US dollars and net income did 2.6 hundred million US dollars. It was just discounted because of weaken Korean won.
2008
2007
Amount Increased
Rate(%)
Sales
1,208,126,638
920,208,853
287,917,785
31.29
Operating Income
491,174,801
389,491,413
101,683,388
26.11
Net profit [...]
Wednesday February 4, 2009 18:01
Myspace Korean version officially will be closed in Feb. 18th. According to news media, Korean branch was managed by Fox Interactive, but it will be shut down in Korea too.
Myspace was launched Korean version in very enthusiastically in Apr. 15th, 2008. Chris DeWolfe, Myspace CEO who was visiting Korea, delivered a keynote at several [...]
Tuesday February 3, 2009 11:47
Daum, the #2 largest Internet portal in Korea gains 20% share in Korean search market. As you know, Korea is one of Google failed countries against local search engine. Google is still behind others in Russia, the Czech Republic, Korea, China and Japan. Yandex, Seznam, Naver, Baidu and Yahoo! Japan are all the leaders in [...]