Yahoo! closed in China

4:24 PM
Yahoo! closed in China -

Yahoo China , which was operated by Alibaba Group, e-commerce and Chinese Internet services, has just closed its Web portal.

farewell message posted on the website redirects visitors indeed now.taobao.com and explained that the decision to close the portal Yahoo China is in line with the agreement concluded in 2012 between Alibaba Group and Yahoo !.

gate closure of Yahoo China comes two weeks after Yahoo's email service in China stop, with users invited to transfer their accounts to Alimail Alibaba. In January, Yahoo China ceased Chinese music service, explaining that the company adapts its product strategy.

Indeed, in 05, Yahoo paid $ 1 billion for a 40% stake in Alibaba, before the company became one of the key assets of China's booming e-commerce market. Then, in 2012, the agreement between Yahoo and Alibaba Group refers later to go on the Functioning of the brand Yahoo China for up to four years. The decision of the Alibaba group gradually stop operating its brand Yahoo properties is an example of the difficulties faced by major American Internet companies like Google, eBay and Amazon China. This can be explained by the large government censorship, but also by the inability to efficiently locate and kick some Chinese companies such as Baidu and Tencent.

Yahoo still holds a 24% stake in the Chinese company, which should make public by 2015 and is estimated at about $ 14 billion.

As a Chinese resident, if you want to avoid Internet censorship and access is at your Yahoo services, go to VPN, a service that allows you to choose your country connection. You can base your IP address to be located in one of the 100+ countries where access is not limited and will thus access to the sites of your choice completely anonymous. You can access blocked sites and protect your Internet activity with a secure VPN tunnel including a virtual military encryption. Installing VPN is simple and does not take more than 2 minutes, then do not hesitate.

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