JapanForum.com - Korea’s NHN Buys Japanese Portal Livedoor For $68 Million

JapanForum.com (http://www.japanforum.com/forum/)

- Japan News & Events (http://www.japanforum.com/forum/japan-news-events/)

- - Korea’s NHN Buys Japanese Portal Livedoor For $68 Million (http://www.japanforum.com/forum/japan-news-events/31483-korea%E2%80%99s-nhn-buys-japanese-portal-livedoor-%2468-million.html)

komitsuki

04-13-2010 04:37 AM

Korea’s NHN Buys Japanese Portal Livedoor For $68 Million

Korea’s NHN Buys Japanese Portal Livedoor For $68 Million

Quote:

Big news from the Asian Internet industry today: Korea’s web behemoth NHN has sealed a $68 million deal to acquire major Japanese Internet service provider Livedoor from parent company LDH Corp. (whose stakeholders include Morgan Stanley and Goldman Sachs). LDH also plans to pay a dividend of $32 million ahead of its sale to NHN.

I find this very interesting and very unexpected.

MMM	04-13-2010 04:40 AM

I thought livedoor was the Japanese version of friendster. Dead in the water.

komitsuki

04-13-2010 05:42 AM

Quote:

Originally Posted by MMM (Post 808222)

I thought livedoor was the Japanese version of friendster.

Nyororin

04-13-2010 07:27 AM

Livedoor is kind of like a Yahoo copy... That lost the war to Yahoo.

All times are GMT. The time now is 06:50 PM.

Search Engine Friendly URLs by vBSEO 3.0.0 RC6