Friday, January 20, 2006

Competition for Google in South Korea

This week's BusinessWeek has an article about a South Korean search engine company called NHN. NHN accounted for nearly 40% of online ad revenue in 2005 compared to Google's 2% share of search-related ad revenue. NHN's stock price had a bigger percentage gain in 2005 than Google's.

If you know Korean, try out the search engine at http://www.naver.com.

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