Yahoo China back to search engine market
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To me, it seems like Yahoo’s efforts in China are becoming null and void. While they are making strides here in the West, it seems like they have been all be derailed in their Chinese endeavors altogether.
Yahoo China, which has been acquired by Chinese e-commerce company Alibaba.com, is refocusing on the search engine business to tap into a fast-growing and lucrative market.
Ma Yun, chairman and chief executive officer of Alibaba, said the top priority for Yahoo in China is to build the best search engine for the Chinese community instead of an Internet portal like NASDAQ-listed Sina Corp and Sohu.com.
“From today onwards, in China Yahoo means a search engine and a search engine means Yahoo,” Ma said yesterday. [Read the rest]
[tags]yahoo,china,e-commerce,alibaba.com[/tags]
