Korean game company NHN announced today that they have purchased Japanese Internet Service Provider and portal owner Livedoor from LDH Corp for $68 million. Livedoor receives over 30 million unique visitors per month and ranks it as the number 7 portal in all of Japan. NHN also operates the biggest search engine in Korea: Naver in addition to the number one gaming portal in Korea and #2 in Japan: Hangame with 3 million unique visitors per month.

This is a major move for NHN increasing its presence in Japan significantly. NHN has seen steady growth in revenue and income over the years with 52% coming from search sales, 32% coming from game saels, and the rest coming from other advertising.

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