What is the relationship between Yahoo and Alibaba?

Yahoo is divided into Yahoo USA and Yahoo China. Yahoo China belongs to Alibaba Group (acquired by Alibaba), and Yahoo USA is the largest shareholder of Alibaba, accounting for nearly 40% of the shares.

Alibaba Group operates a number of businesses, and also obtains the support of operating business ecosystem from the businesses and services of affiliated companies. Business and affiliated companies include: Taobao, Tmall, Juhua, AliExpress, Alibaba International Trading Market, 1688, Ali Mama, Alibaba Cloud, Ant Financial, Cainiao.com, etc.

Alipay is the world's leading third-party payment platform, which was established in June 5438+February 2004, and is committed to providing users with "simple, safe and fast" payment solutions, founded by Alibaba Group. It owns two independent brands, Alipay and Alipay Wallet. Since the second quarter of 20 14, it has become the largest mobile payment manufacturer in the world.

Yahoo (Yahoo! , Nasdaq: YHOO) is a famous Internet portal in the United States and one of the creators of the Internet miracle at the end of the 20th century. Its services include search engine, e-mail, news and so on. Its business covers 24 countries and regions, providing diversified network services for more than 500 million independent users around the world. It is also a global Internet communication, business and media company.

20 12 On April 4th, Yahoo announced that it would lay off 2,000 employees, equivalent to 14% of Yahoo's global employees. 20 13 in may, Yahoo announced that it would acquire Weibo service Tumblr.

Based on the agreement between Alibaba Group and Yahoo USA in 20 12, Yahoo China will adjust its operation strategy and stop providing information and community services from 0: 00 on September 13. The original team will focus on the spread of Alibaba Group's public welfare undertakings.

Extended data:

Yahoo used to be the world's first portal search website, with business in 24 countries and regions, providing diversified network services for more than 500 million independent users around the world. In September, 1999, China Yahoo website was opened.

China Yahoo pioneered the combination of the world's leading Internet technology and local operations in China, becoming a leading search engine community and information service provider in the Internet industry in China. Yahoo China has been committed to bringing the greatest life experience to hundreds of millions of China users with innovative, humanized and comprehensive network applications, and has become the "life engine" of the Internet in China.

"I want to clarify that Yahoo has not withdrawn from China, but the business originally operated by Alibaba Group has been suspended, and Yahoo Beijing Global R&D Center is still operating as the only organization of Yahoo in China."

Zhang Chen, Yahoo's global vice president and founder of Yahoo's Beijing Global R&D Center, clarified the recent withdrawal of Yahoo from China at the 20 13 Zhongguancun Forum Annual Meeting. He said that since 2005, Yahoo China's email and website services have been operated by its partner Alibaba Group. Based on the 20 12 agreement between Alibaba and Yahoo USA, Yahoo! China stopped providing information and community services from September 1, and the mailbox stopped providing services.

In addition, Zhang Chen said that Yahoo is on the road to revival, and last month, it surpassed Google to become the most visited portal in the world.

References:

Yahoo?

Alibaba 1688. com- the world's leading procurement and wholesale platform, wholesale network

Yahoo executives: Did Yahoo quit China-China-Beijing News Network?