Korea’s Twitter gets acquired by Naver
Me2day, Korea’s leading microblog service, has been acquired by Naver. Here‘s the ZDNet news article on the acquisition (in Korean) and here‘s CEO Suman Park’s personal posting (also in Korean).
Me2day is a good service with many cool features (including mobile posting feature that’s arguably better than that of Twitter), but the greatest hurdle for them was Korea’s market situation where users hardly venture out of the portals to try new web services. The Naver partnership makes sense in that regards – if the service is great but is not getting explored by the many, why not bring the service closer to them? There is no doubt Me2day will see a huge spike in traffic once it’s made available to Naver users.
Read complerte Post HERE