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Yahoo In a Soup; Might Put Itself Up For Sale

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Yahoo In a Soup; Might Put Itself Up For Sale

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According to reports, Yahoo might be considering to put itself or its core businesses up for sale. This could include selling off Yahoo’s internet business, spinning off its shares in Alibaba, or doing both.

Yahoo

Yahoo has been deteriorating slowly through the years, and CEO Marissa Mayer had been given several years to work on it, in the hope to turn things around. Despite all of that, Yahoo’s biggest asset remains its stake in Alibaba. The company was planning to spin off its holdings in Alibaba for a while, however, the plan was never executed due to tax concerns.

Yahoo Mail

If Yahoo does decide on selling off its internet business shares, it will end up remaining barely anything more than a holding company for its Alibaba shares. On the other hand if they decide to keep the internet business and let go of its Alibaba holdings; that will just leave Yahoo a weaker company than it is now. Despite such worrying reports emerging, Yahoo has not made any official announcement yet.

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About The Author
Rachel Issac
Rachel Issac
Rachel Issac, very much like Jon Snow, knows nothing. She likes to sleep, read, write and watch TV. Asymmetrical things bother her and she currently uses her spare time to write for iGyaan.in.
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