Google is thinking of leaving China, but it might not be the first or only one planning on this. Different resources told us lately, they suspected another famous international brand, Yahoo! is going to stop Yahoo China’s locally operating too.
Five-Year Contract?
In August 2005, Yahoo! announced that it purchased a 40% stake in Alibaba Group for US$1bn plus Yahoo!’s Chinese assets. Alibaba Group then took charge of China Yahoo!, and Alibaba Group’s founder Jack Ma remained in charge of Alibaba Group. This is the official annoucement everyone knows, but there might be one detail missing in that statement, i.e. how long Alibaba Group can own Yahoo!’s Chinese assets? One resource told me (but he is not able to prove it) that it’s 5 years. That means both parties have to make the decision soon if it worths continuing the contract and operate the Yahoo China which is struggling in Chinese portal market for a long while.
Yahoo! Is Unhappy!
The relationship between Yahoo! and Alibaba Group started to change after Jerry Yang’s stepping down.
Yahoo China is based in Beijing. But in June 2009, Yahoo! announced its new Research Center in Beijing. According to the official statement, “The base will develop products for Yahoo globally and be independent from Alibaba Group”. Then Alibaba Group said: They had the agreement with Yahoo! that the new research center would not do anything conflicts with Yahoo China’s web business.
Another story is even interesting. In September, Yahoo sold $150 million worth of Alibaba.com share when Alibaba Group was celebrating its 10 year anniversary. Jack Ma was not happy.
Carol Bartz, the new CEO of Yahoo!, was “very unhappy” about Alibaba’s failure to run Yahoo China more successfully than Yahoo had.
No Place For Yahoo China in Alibaba’s Kingdom
If you read our earlier post about Jack Ma’s Alibaba kingdom, you might have found that Yahoo China is actually missing in the big map. Alibaba, Taobao, Alipay and so on, we heard news about Alibaba Group’s every day, but it seems no one knows what Yahoo China is doing and wants to do. Nevertheless, Yahoo China had its 8th CEO and had a major revamp of the site for the 7th time last week (report in Chinese).
The Latest
Google said it would stop censoring in search result and threaten to stop its operation in China. Most of the international giants keep quiet on commenting on Google’s decision, but Yahoo! is one exception: Yahoo! has said it was “aligned” with Google’s position. Obviously, Yahoo! ‘forgot’ its Yahoo China is operated by the Chinese Alibaba Group which respond: Yahoo! is ‘reckless’ on Google stance.
So far, nobody can confirm that Yahoo! and Alibaba Group’s partnership on Yahoo China will discontinue soon this year. So what’s your view on this? Our readers, please leave your comments.
Jack Say: You leaving ,I leaving .
The only reason that Yahoo is still invested in Alibaba is because it wants to “ride the company as an investment”, according to Carol Bartz. Yet, each day it complies with Chinese censorship laws, despite the fact that it can no longer claim to be having a positive influence on China (Yahoo China is insignificant in the country).Yahoo should sell its stake in Alibaba and take the handcuffs off Alibaba's management. It could then clean itself of any ethical issues as well.
I'm just thinking about what the Chicom govt said to the IOC about winning the Olympic bid. Is there a surprised look on my face? Nope.Hm, that new google phone Nexus One looks good. Where's it made?
oh,no
Well , the view of the passage is totally correct ,your details is really reasonable and you guy give us valuable informative post, I totally agree the standpoint of upstairs. I often surfing on this forum when I m free and I find there are so much good information we can learn in this forum!http://spoon8.net/
Well , the view of the passage is totally correct ,your details is really reasonable and you guy give us valuable informative post, I totally agree the standpoint of upstairs. I often surfing on this forum when I m free and I find there are so much good information we can learn in this forum!http://spoon8.net/
不错不错是个好网站
Ralph Lauren (Ralph Lauren) Brand Identity:1. Polo logo: This is Lauren (Ralph Lauren) the most famous symbol, selected from the Ralph Lauren Polo brand aristocratic LOGO, you can associate the origins of clothing he designed.2.POLO shirt: by Lauren (Ralph Lauren) created by polo shirts, long and short in front of Yibai is playing polo for the charge when the forward movement and design.3. Cotton long-sleeved shirt: This is almost polo ralph lauren Safe for men and women of classic style to go with a formal suit, narrow skirt, very American style.4. American flag logo: cowboy wear the best expression of American spirit, so polo ralph lauren outlet online to represent the United States flag.◆ POLO (Ralph Lauren) Outlet Website:http://www.ralphlaurenonsale.com/
This is a cool article. The blog is written in such a way that it is so easy to read and understand. I am a fan of your blog. Thanks for sharing this information.
Great, just come on!
Great, just come on!