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"Twitter of Korea" Acquired by "Google of Korea" for $2 Million
ReadWriteWeb — Web 2.0 Asia is reporting that Me2Day - a Korean microblogging service likened to Twitter - has been acquired by Naver - the most popular search portal in Korea - for 2.2 billion Korean Wan, which equates to roughly $2 million US. Sponsor Founded in February 2007, Me2Day was bootstrapped and angel funded. It had not yet taken on larger venture capital rounds. No estimate was provided for the amount of money invested in the development of the service to date. Me2Day is purportedly "a ...

Korean Search Firm Naver Acquires Microblogging Site Me2Day
paidContent — No, Twitter may not get acquired anytime soon, but its clones certainly are: now Korean search and online gaming giant Naver has acquired Me2Day, a microblogging service, Web 2.0 Asia reports. The deal is valued at about $2 million (2.2 billion KRW). Me2Day beta-launched in 2007, per CNET Asia, and hadn't raised funding outside of some angel investments. Naver, a division of NHN Corp., will integrate the microblogging features within its various portals and sites. Related Six ...

Roundup: Rumors of layoffs at Microsoft, Tweeting a plane crash, music video fighting and more
VentureBeat — ... The Korean Twitter gets bought – me2DAY, dubbed “Korea’s Twitter” has been bought by Naver, the most popular search portal in South Korea. The deal was sealed for about $2 million, ...

Korean Search Firm Naver Acquires Microblogging Site Me2Day
mocoNews — No, Twitter may not get acquired anytime soon, but its clones certainly are: now Korean search and online gaming giant Naver has acquired Me2Day, a microblogging service, Web 2.0 Asia reports. The deal is valued at about $2 million (2.2 billion KRW). Me2Day beta-launched in 2007, per CNET Asia, and hadn't raised funding outside of some angel investments. Naver, a division of NHN Corp., will integrate the microblogging features within its various portals and sites. Our streamlined mobile application for the ...

Korean Twitter Me2day Gets Acquired By Naver
Pulse2 - Technology News And Reviews — Naver is Korea’s most popular search portal. It’s kind of like the Google of Korea. The company recently acquired Me2day, a Korean microblogging website for around $2 million. Me2day is not venture backed. $2 million may not sound like a lot.  But for a company that is not ventiure backed, it’s a good amount of cash. Source: Web 2.0 Asia ...