The latest news on the evening of the 25th, Beijing time, according to Reuters, Verizon has officially issued a statement announcing the acquisition of Yahoo's core business, including Internet services, e-mail services, and Yahoo brand, for US$4.83 billion in cash. At the same time, said that the remaining part of Yahoo will become a listed investment company, and changed its name to RemainCo, the company will have all of Yahoo's remaining assets, including 15% of the shares held in Alibaba, 35.5% Yahoo Japan shares and Some non-core patent assets total about 41 billion U.S. dollars. The entire acquisition plan was completed in the first quarter of 2017, and Yahoo’s current CEO, Marissa Mayer, will also join Verizon. At this point, Yahoo officially ended its history as a self-owned company. For comparison, in the ".com" bubble era, Yahoo's market value was as high as 215 billion US dollars.
As one of the top four carriers in the United States, Verizon plans to merge Yahoo’s business with AOL (AOL’s) acquired last year and acquire assets such as Yahoo’s advertising technology tools, search, and mail, AOL’s Internet business will be further improved. strengthen.
In 2005, Yahoo reached a cooperation agreement with Alibaba to help Alibaba develop its retail business in China and invested $1 billion in Alibaba. Later, Alibaba became a giant in China's retail industry with the help of Yahoo. This is considered to be Yahoo’s most successful investment.
The Yahoo! Japan portal was formally launched in 1996. The company is a joint venture between Yahoo and Softbank Japan. Yahoo owns 35.5% of its shares. According to a survey by research company comScore, Yahoo Japan is one of Japan's most popular websites, ranking second only to Google. After the acquisition, the industry generally believes that Softbank will become Yahoo Japan's most suitable accessory.