Cyworld, A Social Network That Works

Industry Standard reports that SK Telecom’s social network Cyworld has 12 million subscribers — nearly a quarter of South Korea’s population — with up to 17 million unique visitors a month. Some users spend as much as 10 hours on the network, and are buying and selling stuff like mad. Wonder, why Friendster and others could not evolve as quickly? via The Industry Standard: Internet News Feed

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