Munhwa Ilbo is a daily newspaper in South Korea. It was established in August 1990, and printed its first issue on 1 November 1991. Munhwa Ilbo was formerly owned by the Hyundai; however, Hyundai relinquished their control of the newspaper after the 1997 Asian Financial Crisis, at the same time as their competitor Hanwha gave up its own daily, the Kyunghyang Shinmun. Munhwa Ilbo was Hyundai's first target for separation as it begin trying to slim down its vast business empire; the divestiture was part of a larger trend at the time of chaebol selling off non-core assets and reducing excessive diversification. The newspaper was officially established as a separate financial entity in May 1998. More information...
According to PR-model, munhwa.com is ranked 10,213th in multilingual Wikipedia, in particular this website is ranked 59th in Korean Wikipedia.
The website is placed before target.com and after voice-online.co.uk in the BestRef global ranking of the most important sources of Wikipedia.