Yahoo! Inc. (Yahoo!) is a global Internet brand. To its global users, it provides owned and operated online properties and services. To its advertisers, it provides tools and marketing solutions. Many of Yahoo!'s services are free to its users. It generates revenue by providing marketing services to businesses across the majority of its properties and by establishing paying relationships with users of its premium offerings. The Company's offerings to users and businesses fall into five categories: Search; Marketplace; Information and Entertainment; Communications, Communities and Front Doors, and Connected Life. The majority of its offerings are available globally in more than 20 languages. On June 12, 2006, it acquired an approximate 10% interest in Gmarket Inc., a retail e-commerce provider in South Korea. During the year ended December 31, 2006, Yahoo! acquired Jumpcut, providing an online service for creating, editing, and sharing videos.
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