Korean Search Firm Naver Acquires Microblogging Site Me2Day
Monday, Dec 22, 2008
No, Twitter may not get acquired anytime soon, but its clones certainly are: now Korean search and online gaming giant Naver has acquired Me2Day, a microblogging service, Web 2.0 Asia reports. The deal is valued at about $2 million (2.2 billion KRW). Me2Day beta-launched in 2007, per CNET Asia, and hadn’t raised funding outside of some angel investments. Naver, a division of NHN Corp., will integrate the microblogging features within its various portals and sites.
Source: mocoNews
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