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komitsuki (Offline)
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Korea’s NHN Buys Japanese Portal Livedoor For $68 Million - 04-13-2010, 04:37 AM

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

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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.


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04-13-2010, 04:40 AM

I thought livedoor was the Japanese version of friendster. Dead in the water.
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komitsuki (Offline)
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04-13-2010, 05:42 AM

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Originally Posted by MMM View Post
I thought livedoor was the Japanese version of friendster.


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04-13-2010, 07:27 AM

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


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