Nate_(web_portal)
Nate (web portal)
South Korean web portal
Nate (Korean: 네이트) is a South Korean web portal, developed by SK Communications. In 2003, Nate acquired social media site Cyworld and in 2004, it achieved first place in local page views with a total of 3.8 million, surpassing rival Daum for the first time.[1] But its popularity have continuously decreased since early 2010s and as of 2020, its market share in South Korea is around 2%.[citation needed]