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Naver, Kakao fleeing to Japan for new businesses

Naver, Kakao fleeing to Japan for new businesses

Naver and Kakao are fleeing to Japan and other countries to start new businesses because of growing regulatory risks here amid conflicts with existing players, industry officials said Monday. The moves reflect the latest trend that not only manufacturing but also services companies are increasingly leaving Asia’s fourth largest economy to seek new opportunities abroad. […]

Seoul exploring new taxes on Google

Seoul exploring new taxes on Google

Britain, Spain propose digital taxes on global tech giants Google is likely to face new taxes in Korea on revenue from digital services, as the country has vowed to join a global wave of tackling tax avoidance by internet media companies.  Following Spain, Britain proposed a 2 percent tax on global technology giants like Google, […]

Why are Naver blogs and online cafes blocked in China?

Why are Naver blogs and online cafes blocked in China?

Internet users in China have not been able to access Naver’s blogs and online cafes over the past week, raising speculation that the Chinese government may have intentionally blocked access as it had done previously to foreign online services. Access to Naver’s blogs has been blocked in China since Oct. 16. Its online cafes were […]

Naver: online chaebol?

Naver: online chaebol?

American Internet giant eBay has been controlling Korea’s electronic commerce markets through its affiliates Auction and Gmarket, but it remains to be seen whether local search king Naver could give it a run for its money. Search giant looks to launch open market service Naver, Korea’s near omnipresent portal accounting for over 70 percent of […]

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