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 | |
| Company type | Private |
|---|---|
| KRX:202960 | |
| Industry | Internetvideo sharing |
| Founded | October 2004 |
| Defunct | January 31, 2023[1] |
| Headquarters | , South Korea |
Key people | Peter Kim, Founder and CEO Samuel Lee, COO |
Number of employees | 120 (2008) |
| Website | www.pandora.tv |
Pandora TV (Korean: 판도라TV) was a South Koreanvideo sharing website that hosteduser-generated content. Founded in October 2004, Pandora TV is the first video sharing website in the world to attach advertisement to user-submitted video clips and to provide unlimited storage space for users to upload. The operating company,Pandora TV Co., Ltd., has its headquarters in the Seoul-Gangnam Building inYeoksam-dong,Gangnam District,Seoul.[2][3]
In 2007, it was the fastest growing website in South Korea.[4] In 2008, it was the largest video sharing website in South Korea, and it had 3.6 million members. At the time, it had 35% of the Korean marketshare for video sharing sites.[5]
The site was available in Korean, and after April 2008, in English, Chinese, and Japanese.
Pandora TV raised over $16 million fromSilicon Valleyventure capital firms –Altos Ventures andDCM - in two consecutive funding rounds 2006 and 2007, which represents the largest foreign investment made so far on any Korean Internet start-up.[6]
On January 31, 2023, Pandora TV ended its service.[7]
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