Naver Ups Stake in Online Video Streaming Amid YouTube Reign

SEOUL, Jan. 15 (Korea Bizwire) — Naver Corp., South Korea’s top Internet portal operator, saw a sharp growth in its online video streaming business last year, closing the gap with the world’s largest video-sharing website YouTube in the local market, data showed Thursday. The number of unique visitors (UV) at Naver’s TV Cast spiked 52.4 [...]