Yahoo Ceases Services in China. Yahoo’s news and community services have shut down and Yahoo China home page now redirects users to a site run by Alibaba, which manages Yahoo’s Chinese operation.
It also implies that its staff will be working on Alibaba content instead and thanks users for their support. Yahoo has yet to comment. The company faces big competition in the Chinese market. Yahoo has a significant stake in Alibaba, the business-to-business online retailer which has been licensed to run its Chinese services.
Some analysts suggest that Alibaba’s own services have benefited from its relationship with Yahoo. “China Yahoo has been under Alibaba for many years. Its most valuable properties have been dismembered and used,” anlayst Li Zhi from Analysys International told IT World.