As per a report by Bloomberg on Friday night, October 28, 2011, Yahoo! Inc. is now considering selling its Asian assets including Alibaba.com auction and ecommerce website and Yahoo! Search in Japan. In order to cool down its shareholders demand, Yahoo will give back the proceeds to them, but not selling the entire company.
While Yahoo! has signed a ten year deal with Microsoft two years ago, Yahoo! Search in Japan is not powered by Bing decision engine, but by Google search engine.
After firing former CEO Carol Bartz in early September, Yahoo! is now the largest target for takeover by several groups of deep pocket investors. Other Silicon Valley’s technology companies including Google backed group of investors and Microsoft, have been rumored to be the top buyer for Yahoo! Internet properties.
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Posted by: HR Jobs in Hong Kong | December 05, 2011 at 01:37 AM
Well, I'm happy that Yahoo! is now the largest target for takeover by several groups of deep pocket investor. congrats!
Posted by: relationship advice | November 28, 2011 at 07:26 AM
There was that quote from Jack Ma a while back about wanting to give Baidu sleepless nights, so I don't know if that's an indicator that Alibaba might be interested in buying Yahoo. It's already pretty synonymous with online wholesale, so perhaps it's extending feelers into other areas, in manner of Google.
Sounds like they're out of luck with buying Yahoo though.
Posted by: Kerry | November 15, 2011 at 01:26 AM