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Friday, September 29, 2006

Cyworld vs. MySpace

If you haven't heard of Cyworld yet, it's the dominant website in South Korea with a penetration of more than a third of the whole population. Similiar to other social networking site like Facebook and MySpace, you can hang out with friends and get messages. But unlike the competition, it's a virtual world that you control. You can decorate your world by shopping and buying furniture and decorations. And most items cost just $1. On average, Cyworld earns about $9 a year for each of its users compared to MySpace, who earned less than $3 per user. Anyway, check it out.

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