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February 24, 2006

One of the world's most successful citizen journalism sites, Korea’s OhmyNews, has gotten an $11-million investment from Softbank.

The site -- which has built a team of almost 40,000 citizen reporters -- will use the investment to launch a Japanese news site, the first “stepping stone” of the soon-to-be-formed OhmyNews International. It also plans to develop its video journalism arm and improve its English-language edition.