Press Release September 16, 2002

Daum shopping achieves revenue of 100 billion won

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Daum(www.daum.net) posted that Daum Shopping(shop.daum.net) achieved 100 billion won in net revenue.

Daum Shopping was launched in March 2000 and continued to grow producing 8 billion in 2000 and 66.8 billion in 2001.

It is due to 1) brand power of Daum and concrete positioning in market place, 2) connections of Communities, communications, contents and commerce, 3) successful results of shopping drives such as on/offline gift tickets, Auction, and Flea market,4) a creation of shopping culture with group buying and theme shopping.
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