Yahoo rules out going solo in Chinese market
This is a discussion on Yahoo rules out going solo in Chinese market within the China News forum, part of the Doing Business in China category; Change of heart underscores to what extent foreign companies remain wary of China as the country remains determined to develop ...
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Sep 17th, 2009, 07:05 PM
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Re: Yahoo rules out going solo in Chinese market
The Chinese government’s harsh treatment of Google and other internet groups over the past six months has deterred Yahoo from attempting to conquer this market on its own, executives have said.
The US internet company this week sold its 1 per cent stake in Alibaba.com, the online platform for trade between companies, for about $150m. |
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