Google Signs Top Korean Portal, Daum
Google has signed a deal with South Korea's Daum Communications to provide algorithmic search services for the portal, Daum.net, beginning as early as next week. The deal means Daum, which is Korea's top portal, decided to split its search business down the middle, partnering with Google rival Overture Services in a three-year exclusive paid-listings deal two months ago. Daum.net is a sprawling portal, with more than 2 million online communities and 20 million registered users -- accounting for nearly 80 percent of all Korean Internet users. South Korea represents a huge market opportunity, as possibly the most technologically oriented Asian country, with a 40 percent broadband penetration rate. [Full story: Google Signs Search Deal With Top Korean Portal - InternetNews]
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