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.

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Gang Lu

Dr. Gang Lu - Founder of TechNode. He's a Blogger, a Geek, a PhD and a Speaker, with passion in Tech, Internet and R'N'R.