JSW Corporation: Verizon To Buy Yahoo Search Business


Posted August 1, 2016 by jswcorporation

JSW Corporation: US telecoms giant to acquire Yahoo’s search and advertising business for $5bn.

 
JSW Corporation: US telecommunications behemoth, Verizon is to purchase the search and advertising operations of internet company, Yahoo for the modest sum of $5 billion.
The sum is far cry from the $125 billion value put on Yahoo at the height of the dot com boom and reflects the company’s apparent struggle to remain relevant in an online advertising landscape that has changed dramatically since the company’s heyday.
The company’s chief executive, Marissa Mayer, a former Google high ranking executive has largely failed to return the company to profit.
“Frankly, Yahoo! Has become best known for the stake it holds in Chinese internet giant, Alibaba. It’s landing page is a mish-mash of news and ‘clickbait’ and while it does have core of users who still use its search facilities, it’s clear that Google’s dominance in that segment of the market is unassailable at this time” explained Vivian Wang, Chief Economist at JSW Corporation.
Last week, Yahoo! posted a $440 million loss in its 2016 second quarter after announcing in February that it was looking for strategic alternatives for its core internet business. The purchase, if approved by Yahoo’s board, could start a bidding war if other interested parties including Verizon’s US rival, AT&T and a consortium backed by Warren Buffett.
JSW Corporation believes the $5 billion offer is fair considering the lack of definition in Yahoo’s search and internet advertising business model. “Obviously, Yahoo’s been in the business for quite some time and it undoubtedly has value. They just haven’t managed to tap the full potential locked away in the operation,” concluded Wang.

About Jackson Stewart Wang
JSW CORPORATION is an independent, private wealth management concern based in Shenzhen, China. Combining superior due diligence, market insight, risk management, we provide high level market entry services to private individuals, families and institutions seeking high caliber investment guidance and execution.

Our far-reaching international network of resources offer professional, individualized private wealth expertise including multi-lingual research, corporate mergers and IPO services.
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Categories Business , Internet , Telecom
Tags internet , jsw corporation , yahoo
Last Updated August 1, 2016