[2] The former Daum Communications Corporation was founded in 1994 by Park Geon-hee and Lee Jae-woong (businessperson), and the company launched the namesake portal in May 1997 making it the first South Korean web portal.
[3] Daum company also develops and distributes the freeware media player PotPlayer.
[4] Daum has about 874 employees as of March 2009, and was the 2nd largest web portal service provider in South Korea in terms of daily visits.
[6] The popularity of Daum stems from the range of services it offers, but also from the fact that it was the first Korean web portal of significant size.
Daum received the eighth-highest trust rating in a 2020 Reuters Institute survey of selected South Korean media outlets.