Yahoo! Buys Indonesia Social Site Koprol
SUNNYVALE, Calif. (TheStreet) -- Yahoo! (YHOO) acquired Koprol, a social network based in Jakarta, Indonesia.
Financial terms of the deal weren't disclosed.
Yahoo! said Tuesday that Koprol allows users to connect and share photos, reviews and community information about locations such as local businesses by using their mobile phone browsers.
"Users are increasingly relying on mobile devices to communicate and access the Internet and they are looking for seamless integration between those devices and PCs. This is especially true in many emerging markets where we are introducing the Yahoo! brand to many new-to-Net users," said Rose Tsou, senior vice president of Yahoo!'s Asia region, in a statement. "Koprol was uniquely designed for mobile phones and within a year has already built a strong user base. "
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