Yahoo Net Income, Market Cap, Turnover and Stock Price 2017
Yahoo is one of the most popular names in Internet Software Industries in the world. It is the fourth most visited website in the world. It is a popular website for reading news and media. Around 700 Million people visit Yahoo website every month. It is available for its users in more than 30 languages. More than half a billion consumers are added every month to the Yahoo. It is famous globally for its search engine, web portal, Yahoo Directory, Yahoo Finance and related services.
HOW MUCH IS YAHOO NET WORTH: 500 MILLION DOLLAR
YAHOO IN DETAIL
The full-form of word Yahoo is “Yet Another Hierarchical Officious Oracle” or “Yet Another Hierarchically Organized Oracle”. It is headquartered in Sunnyvale, California. The company was founded by Jerry Yang and David Filo in the year 1994. The Yahoo.com domain name was created in January 1995. Yahoo products include Yahoo Finance, Yahoo News, Yahoo Sports, Yahoo Mail, Yahoo Search, Yahoo Answers, Yahoo Messenger, Flickr, and Tumblr. Its core business is Finance, Mail, Sports and News. The company has owned 15% stake in Alibaba. In today’s market value it is worth 32 Billion Dollar. From Yahoo Japan 35.5% share, it owns $ 9.7 Billion. The Market capital of Yahoo is $33 Billion. Yahoo’s core business is worth $8 Billion in negative.
Yahoo started declining from the 2000s and on 25 July 2016, its internet business was acquired by Verizon Communications for $ 4.8 Billion. Yahoo Inc. popularly known as Yahoo is an American multinational technology company. Yahoo CEO Marissa Mayer has claimed a big audience in Finance, Sports, and News sector. Yahoo is performing well in web media business. Mayer’s current net worth has been estimated to be about $430, Million. Verizon paid around $4.83 Billion in cash for the Yahoo Business. Yahoo Worth seems to be complicated. Last year it made revenue of $5 Million. Yahoo Market Capital is about $35.6 Billion. If enterprise value which adds to the market capitalization and other interests and cash amount is subtracted, the Yahoo net worth would be $30 Billion.
YAHOO NET WORTH, STOCK PRICE, ANNUAL INCOME/ LOSS, ACQUISITION
Yahoo is serving the worldwide population in Internet Computer Software Industry. Verizon acquired Yahoo for $5 Billion. In 2000, its net worth was $100 Billion and since then its net income started declining. Verizon is intended to advertise on various Yahoo properties including news. Yahoo was once as fortunate as Google and Facebook are these days by making a turnover of $125 Billion but now in July 2016, it was acquired by Verizon for $5 Billion. The reason for its decline is not single. A number of factors in various dimensions played the role for its decline.
YAHOO COMPANY TYPE, HEADQUARTER, PRODUCTS, FOUNDERS, AND CEO
Full Company Name – Yahoo Inc.
Company Type – Public
Establishment Year – 1994
Yahoo Headquarter – Sunnyvale, California, US
Founders – Jerry Yang and David Filo
Yahoo CEO – Marissa Mayer
Company Products – News, Mail, Finance, Sports, Search, Messenger, Answers, Tumblr and Flickr.
Website – www.yahoo.com
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