In markets in Asia Google is not the dominant player. Google Korea just had a devastating blow by losing the contract with Daum, the second largest web property in Korea after Naver. From this November the ads are being served by Overture Korea. Outside of the US many of the local Google offices are mainly advertiser sales offices. With no search volume advertising revenue is probably already gone. It’s unfortunate for the staff in Korea.
Google Korea looses only major share in Korean search market
November 11, 2009 By