– Yahoo (NASD: YHOO) announced on
Tuesday that it has acquired Korpol, an Indonesia-based mobile social network.

Financial terms of the deal were not disclosed.

Korpol says its technology is
"a unique blend of location-based conversations, a social city guide, and
a cross platform mobile application."

Yahoo plans to expand the Korpol
service beyond Indonesia,
and launch a BlackBerry application.

"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, Yahoo’s senior vice president for Asia.

The acquisition comes a day after Yahoo announced
an expanded mobile partnership with Nokia, that will see the companies
integrate their mapping and mail services.


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