Daum (Korean: 다음) is a popular web portal in South Korea, likes Naver and Nate. Daum offers many Internet services to web users, including a popular free web-based e-mail, messaging service, forums, shopping and news. The word “daum” means “next” in Korean.
The popularity of Daum is a reflection of the high level of internet use in South Korea. The country has the highest level of broadband users, and one of the most widespread levels of computer and Internet access.
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The popularity of Daum stems from the range of services it offers, but also from the fact that it was the first Korean web portal of significant size. Its popularity started when it merged with the then most popular e-mail service, daum.net or hanmail.net.
After the merging, Daum started the forum service DaumCafe which brought its firm status in the market. The term cafe and even internet cafe (Different from what is supposed to refer to in Western usage) is now used as the synonym for “Internet forum” in Korean.
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On August 2nd, 2004 Daum announced the purchase of Lycos for $95.4 million, and closed the transaction on October 6th.As part of a corporate restructuring to focus on mobile, social networks and location-based serves, Daum sold Lycos for $36 million in August 2010 to Ybrant Digital, an internet marketing company based in Hyderabad, India.
Not only Daum has a larger population of native users in Korean, but also absorbs more and more foreigners to take part in it. And it is very easy for foreigners to login it.
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