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Soribada Inc. (South Korea)

Main Activities: Other Information Services | Professional, Scientific, and Technical Services
Full name: Soribada Inc. Profile Updated: December 11, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Soribada was the first Korean peer-to-peer file sharing service that was launched by Sean Yang as a Napster clone in 2000. The name Sanibada'means "Ocean of Sound" or "Receiving Sound". It was closed by court order in 2002, but remained distributed with the stipulation that its users were responsible for any downloaded files. On November 5th, 2003, Soribada was launched as an P2P search portal and renewed in December 2004 as a paid MP3 service. It remains the most widely used P2P system in Korea. Soribada's latest version is Soribada 6, which is downloadable from their website. In 2017 the site held their first Soribada K-Music Awards after 17 years since launch of the site.

Headquarters
4-5F Nonhyeon-Dong Car Showroom, 225-5 Nonhyeon-Dong, Gangnam-Gu
Seoul; Seoul;

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Website: http://www.soribada.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 13, 1998
Key Executives
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Chief Executive Officer
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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7.54%
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7.54%
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0.14%
Subsidiaries
㈜더스포츠투데이
100%
㈜미디어튜브
100%
㈜소리바다벤처스
100%
Company Performance
Financial values in the chart are available after Soribada Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net sales revenue
-62.44%
Total operating revenue
-46.89%
Operating Profit/Loss (EBIT)
85.82%
EBITDA
83.23%
Net Profit/Loss for the Period
85.18%
Total Assets
0.28%
Total Equity
-10.55%
Operating Profit Margin (ROS)
39.09%
Net Profit Margin
45.51%
Return on Equity (ROE)
-61.47%
Debt/Equity
21.92%
Quick Ratio
0%
Cash Ratio
-0.02%

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