| Daum is a South Korean web-portal. It offers many Internet services to web users, including a popular free based email, messaging service, forums, shopping, news and webtoon administration. "Daum" signifies "next", however it can likewise be interpreted as Hanja "多音", meaning "many sounds".
From 2003, Daum began on-line direct automobile insurance by launching the subsidiary 'Daum Direct Auto Insurance' and from 2008, it became a partnership company with ERGO Insurance Group.
On August 2, 2004 Daum reported the purchase of Lycos for $95.4 million, and closed the transaction on October 6. As part as a component of a corporate rebuilding to focus on mobile, social networks and location-based services, Daum sold Lycos for $36 million in August 2010 to Ybrant Digital, an internet marketing company based in Hyderabad, India
The organization likewise creates and distributes the freeware media player PotPlayer. In addition to its freeware media player (Daum tvPot), Daum Communications Corp. provides variety of services like blurring administration (Daum Cloud), Daum Dictionary (applicable on mobile devices), Daum Comics, and map service (Daum Maps).
Daum has around 874 employees as of March, 2009 and is the second largest web-portal service provider in South Korea in terms of daily visits. In 2014, Daum merged with Kakao Corp. (at that time known as Kakao Inc.), known as the maker of KakaoTalk, to form Daum Kakao.
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