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.
LDH’s main asset is the eponymous portal service whose 30 million… → Read More
Google keeps gaining search market share in the U.S., but its global dominance is not as great as previously indicated. Last night, comScore released its search market share and query growth numbers for July and Lehman Brothers reported the numbers in a note this morning. Here are the main search market share percentage numbers in the U.S. from comScore: Company—–July search… → Read More
We’ve covered a variety of casual gaming sites before on TechCrunch. It’s a hot vertical, particular since the rise of the Nintendo’s Wii console proved that there was a huge willing market for games that don’t need a 4 hour long instruction session from a gaming geek. South Korean company NHN comes with strong credentials. The company is claimed to be the be “the… → Read More