Yahoo is one of the companies that withdrew from competition with local products from south korea. As one of the largest search engine in the world from America, they have to recognize the excellence of NHN Corp. and Daum Communications.
Yahoo is a great company and is based in the United States, according to the official statement of the American yahoo website on 31/12/2012: "This decision is part of Yahoo's effort to focus on resources to enhance global business stronger,'' said executive Marissa Mayer.
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Yahoo Gave up with Local Rivals
Yahoo was once South Korea dominate the market, but are now only able to control 1% of the market South Korea. In addition, bad ratings of yahoo in South Korea also cause discharge from South Korea yahoo, they do not get into the top 10 sites visited, and their local rivals Naver and Daum reached 31.6 million and 28.3 million visits in November, according to data released KoreanClick.
Hopefully this is not a bad omen for the world of the Internet for South Korea.

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