Analysts applaud WhatsApp acquisition
Asian rivals such as Tencent Holdings' WeChat, Naver's Line and Rakuten's Viber are well ahead of Facebook messenger across much of Asia. Facebook has been buying apps with large numbers of young users as part of CEO Mark Zuckerberg's strategy of …
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Korea's 'webtoon' industry: boom or bust?
To Internet companies such as Naver (www.naver.com) and Daum (www.daum.net), cartoonists are merely one of their many tools to drive traffic. While these companies will compete to get high-profile cartoonists to post on their sites, the majority of …
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Kakao Close to Signing Morgan Stanley, Samsung Securities as IPO Advisers
Japan's Line, another popular messaging app, has more than 350 million registered users world-wide, according to its operator Line Corp., a Tokyo-based unit of South Korean Internet firm Naver Corp. In October, Line said that it was considering several …
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