Alibaba closed the repurchase of half of Yahoo’s interest in their business this week, in a deal worth $7.6 billion. Yahoo CEO Marissa Mayer announced a $3.65 billion payout for investors, with the remainder to be used for future growth.
Taobao is not technically a search engine, but is a critical link in an overall Chinese search strategy. We examine the factors making up their ranking algorithm and some off-page opportunities to build relevancy, links, and better ranking.
Goldman Sachs and Allen & Company are helping Yahoo gather the financial information and prepare the due diligence needed prior to a sale. These moves have a number of major news media speculating on who potential buyers could be this time around.
Carol Bartz, who was fired by Yahoo over the phone last week, resigned from Yahoo’s board of directors Friday. She is due to receive a $10 million severance package, but an interview may have violated a non-disparagement clause in her contract.
Baidu’s Yi operating system was built around the Android OS code. Baidu has primarily re-worked top-level applications. This includes Baidu maps, a Baidu e-reader, and a mobile version of Ting (Baidu’s music service), according to early reports.
Baidu has failed to gain a strong foothold in ecommerce, opening the door for Etao become China's answer to ecommerce search.