Daum

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Daum Communications Corp.
Type Public (KRX: 035720)
Industry Internet
Founded February 12, 1995
Headquarters Seoul, South Korea
Key people Lee, Jae Woong, (Founder)
Choi, Se Hoon (CEO)
Products DaumCafe, Hanmail.net, MediaDaum, DaumBlog
Revenue 209,997 million won (2005)
Employees 1,200 (2006)
Website www.daum.net
Daum
Hangul 다음
Hanja 多音
Revised Romanization Da-eum
McCune–Reischauer Taŭm
Daum.net (January 11, 2009)

Daum (Korean: 다음; KRX: 035720) is a popular web portal in South Korea, like Naver and Nate. Daum offers many Internet services to web users, including a popular free web-based e-mail, messaging service, forums, shopping and news. The word "daum" means "next" in Korean.

The popularity of Daum is a reflection of the high level of internet use in South Korea. The country has the highest level of broadband users, and one of the most widespread levels of computer and Internet access.

The popularity of Daum stems from the range of services it offers, but also from the fact that it was the first Korean web portal of significant size. Its popularity started when it merged with the then most popular e-mail service, daum.net or hanmail.net. After the merging, Daum started the forum service DaumCafe which brought its firm status in the market. The term cafe and even internet cafe (Different from what is supposed to refer to in Western usage) is now used as the synonym for "Internet forum" in Korean.

On August 2, 2004 Daum announced the purchase of Lycos for $95.4 million, and closed the transaction on October 6.[1]

Daum has about 874 employees as of Mar, 2009.

Contents

[edit] See also

[edit] Notes and references

  1. ^ Yahoo! Korea news; June 12, 2005
  2. ^ Daum investor relations earning sheet, $1 approx = 1000 won

[edit] External links

[edit] Corporate

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