Yahoo (YHOO) is exiting the South Korean market after years of struggling to compete against...
Yahoo (YHOO) is exiting the South Korean market after years of struggling to compete against local rivals such as NHN and Daum, and to a lesser extent Google. Yahoo Korea, which has 200-250 local employees, will shutter its portal in December. Yahoo's Korean failure contrasts greatly with the success of Yahoo Japan, in which the company maintains (for now) a 35% stake.
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