[KOREA] YouTube launches Korean site

January 24, 2008 by Dennis Amith

Chosun reported, “YouTube has launched a Korean version of its popular video sharing website. The company said at a press conference at the Shilla Hotel in Seoul on Wednesday that it began its Korean service that day, at www.youtube.co.kr.”"Established in February 2005, YouTube is the world’s largest video sharing website, with tens of thousands of new video clips being posted every day.”

“Google acquired YouTube in November 2006 for US$1.65 billion. Korea is the 19th country with a localized version, following countries like Britain, France and Australia.”