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Yahoo has announced plans to close its Korean business by the end of the year. In a statement the company described the move as part of ongoing efforts to streamline operations and realign its global business. The company hired a new CEO — former Googler Marissa Mayer — in July, replacing interm CEO Ross Levinsohn. Reuters notes that South Korea is the first Asian market Yahoo is leaving.
source: http://feedproxy.google.com/~r/Techcrunch/~3/JhSGGBfn0Tw/
2012-10-19 05:02:22
Source: http://someit.com/2012/10/19/yahoo-to-pull-out-of-korean-se/