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Yahoo’s Asian Lifeline
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Tags: Information Technology,
According to analysts Yahoo's 24% stake in Alibaba and its stake in Yahoo Japan is what gives its share price momentum. U.S. Yahoo operations are estimated by Topeka Capital Markets to provide only about $10 of Yahoo's value per share. Alibaba's operations as a retailer in China account for $30 of the value per share, and Yahoo Japan $7 per share in value. Yahoo's current share price in Jan 214 is $40, having doubled in the past year. Analysts say there is not much CEO Marissa Mayer can do to reverse the slow decline in Yahoo revenues as it competes with Google, Facebook and other competitors for premium display advertising.
Jerry Yang- co-founder of Yahoo
05/27/2010
The resignation of Jerry Yang on Jan. 17, 2012, marked the end of a role that spanned two decades. Yahoo set up Yahoo during the early days of the Internet in 1995 as a basic search tool to navigate the web. Yahoo was replaced as the main search engine by newcomer Google which used an algorithm based approach. Efforts to set a recovery at Yahoo in motion failed when CEO Carol Bartz resigned, followed by the exit of Yang. Like America on Line (AOL) which provided the basic internet connection service in the early days of the web only to be replaced by phone and cable companies with new broadband service in the next decade, Yahoo has never recovered.
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