Korean Twitter Me2day Gets Acquired By Naver

Posted Dec 22, 2008

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