Company Overview

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Status:
Acquired (Separate Entity) by Kakao Corp
Founded:
February 16, 1995
Founders:
Jaewoong Lee
Employees:
1,600
Headquarters:
Kor
Categories:
Curated Web
Description:
Daum Communications offers a web portal in South Korea that provides internet services to web users.

Detailed Description

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The Daum is a popular web portal in South Korea, with its rival Naver. Daum offers many Internet services to web users, including a popular free web-based e-mail, messaging service, forums, shopping and news.

The popularity of Daum is a reflection of the high level of internet use in South Korea. The country has the highest level of broadband users, and one of the most widespread levels of computer and Internet access.

The popularity of Daum stems from the range of services it offers, but also from the fact that it was the first Korean web portal of significant size. Its popularity started when it merged with the then most popular e-mail service, daum.net or hanmail.net. After the merging, Daum started the forum service DaumCafe which brought its firm status in the market. The term cafe is now used as the synonym for "Internet forum" in Korean.

On August 2, 2004 Daum announced the purchase of Lycos for $95.4 million, and closed the transaction on October 6

Past Team (4)

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Investments (1)

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  • H2fzwkqpzl8qgdqr2a1e

    Tapas Media

    Tapas Media visually re-creates existing stories, making the content more fun to consume on the...

    $2M  / Series A

    Jan 28, 2014 - Series A Details

Board Members and Advisors (1)

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  • 4b4d47c393dd85b958ebcd4ef9174e93

    Joseph J. Fan

    Independent Director and Member of Compensation Committee

Products (1)

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  • U0kxqj54ahsljkocryee

    SolCalendar

    SolCalendar is one of the most beautiful calendaring app aimed at a life management service.

Offices/Locations (1)

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  • Office

    Seochodong

    Kor,

    KOR

Images (2)

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  • Dac9dzpnqs4bh6tusysv
  • 61c8fa94a8522d9653654838106fcdfb