3 Articles for 'neowiz'

  1. 2008/04/17 Yet another "Y-combinator of Korea" opens door (1)
  2. 2007/10/24 Meanwhile, this is what Korea's no 5 site looks like on Firefox
  3. 2007/10/24 Onechoo.com is for shopping 2.0

Yet another "Y-combinator of Korea" opens door

Web 2.0 | 2008/04/17 20:03 | Web 2.0 Asia
Neowiz, a major internet company of Korea (providing games, chats, and other services), launched a web startup incubating/investment program called NeoPly (Link in Korean).

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Neoply is a venture incubating program that provides backend infrastructure and mentoring service to promising web startups. Neoply is similar to an already existing venture support program by Softbank Korea, called Litmus (My previous post about Litmus is here).

I think Neoply carries significant meaning as it's being worked up by an established, first generation web company. Sometimes the best people who can guide fledgeling startups are actually the ones who had been there, done that. 

Meanwhile, Litmus announced a partnership with Korea's #2 portal, Daum. With this partnership, Daum will provide technial (and other sorts of) support to Litmus startups; Also, some of those startups might even be able to deploy their product on Daum service properties such as blog or Daum Cafe (Web BBS service). This will be a boon to the startups, as often what they need more than money is the initial market traction.
TAG Litmus, Neoply, neowiz, Y-combinator
On the previous post, I wrote about Neowiz. Neowiz is widely regarded as the No 5 internet portal in Korea, behind Naver, Daum, Nate+Cyworld, and Yahoo Korea.

Given that, this is exactly how the No. 5 Korean internet portal's main page looks on Firefox. This speaks volume about Korea as an IE nation.

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Onechoo.com is for shopping 2.0

Web 2.0 | 2007/10/24 01:33 | Web 2.0 Asia
(Via ITviewpoint) Neowiz, a Korean game and entertainment portal, launched Onechoo.com in an attempt to create a "shopping 2.0" service.

Neowiz is not as famous or big as Naver or Daum but is actually one of Korean internet powerhouses. Neowiz is most famous for Sayclub, the popular online chatting service, and Pmang, an online gaming portal that offers many games including a hugely popular title, Special Force.

The service name "Onechoo" comes from a Korean internet jargon which is believed to have come from "I want you". Onechoo.com allows user to share shopping experience, ask help from other users about what products to buy, share and talk about one's wishlists, etc.

Korean people love to buy digital gadgets and other fancy stuff so much that they call their urge to buy stuff as "the descending of Shopping God". People love to talk about Canon's high-end DSLRs and other stuff, and there are already big communities formed on certain products or brands.

Neowiz wants to capture this potential to create what it calls a shopping 2.0 service, or a service that effectively combines shopping and community. Featurewise, the service isn't exactly a game-changer, but Neowiz has so many users across Sayclub and Pmang and therefore the winning strategy would be to successfully leverage the existing Neowiz user base.

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TAG neowiz, onechoo, shopping, Web 2.0