Bidding For Yahoo Extended by a Week to 18th of This Month

Yahoo!, an American multinational technology giant headquartered in Sunnyvale, California is in  process of getting sold.It has been churning on as a variety of potential acquirers and just plain rubberneckers get briefed by management, either by video, phone or in person (only the chosen strategic ones like Verizon and AT&T get that royal treatment).

Sources said Marissa Mayer,yahoo CEO  — who has been joined in meetings by her dealmaking shadow Ian Weingarten, legal dude Ron Bell, increasingly grumpy CFO Ken Goldman and always sunny SVP Jeff Bonforte — seems upbeat and is touting her turnaround and downplaying the poor projections that the company confirmed to investors in its sale “book.”

Yahoo, whose shares were up 1.7 percent in early trading, had set an April 11 deadline for preliminary bids, which could yield a deal by June or July, the Wall Street Journal had reported.

Yahoo has launched an auction of its core Internet business, which includes search, mail and news sites, after abandoning its plan to spin-off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd.

The company has been struggling to keep up with Alphabet Inc’s Google unit and Facebook Inc in the battle for online advertisers.

Verizon Communications Inc is ready to make a bid for Yahoo’s Web business, and hopes to make a merger more successful by also making an offer for a stake in Yahoo Japan Corp, Bloomberg reported on Thursday.

Google is also mulling a bid for Yahoo’s core business, Bloomberg reported, citing a source.

Yahoo is also under pressure from activist investor Starboard Value LP which moved to overthrow the entire board of the company, including Chief Executive Marissa Mayer, last month.

What's your opinion on this giant bidding ?

 

Yahoo India Homepage Get Direct Access To Flipkart Shopping Website

Yahoo India has entered into a tie up with India's e-commerce giant Flipkart on November 13^th, 2014. Under the tie-up, Yahoo will be required to host a direct gateway to Flipkart's marketplace on its India homepage. The Yahoo-Flipkart gateway is not that prominent or easily seen with a Flipkart tab, it is basically a co-branded site which can be accessed on the shopping tab on Yahoo’s India homepage.

According to a statement released by Yahoo on the Yahoo-Flipkart partnership, Yahoo India Managing Director said, "Online shopping is seeing increasing adoption with users in India. People are spending a significant time on the internet searching for products and deals. Flipkart is a market leader in Indian e-commerce, with a huge marketplace and an exciting range of products. With easy access to Flipkart directly from the Yahoo homepage, we believe that millions of users who visit the Yahoo network daily will enjoy not only premium content, but also an exciting shopping experience."

Mausam Bhatt, Online Marketing Senior Director, Flipkart said, "At Flipkart we are always looking for innovative of engaging the customer. Flipkart and Yahoo are both market leaders in their own space- and in a market where people are increasingly consuming content on digital platforms, a partnership like this helps bridge content and commerce to enhance the product discovery and purchase cycle for online shoppers."

This partnership will boost the customer base of Flipkart in a big way. The ecommerce giant recently also acquired stake in Myntra.com, which is another very successful Indian e-commerce company. The partnership will also help Flipkart in maintaining its ground and number one position from the fierce competition that it faces from Amazon India and Snapdeal.com.

The gateway can be accessed here: http://yahoo.store.flipkart.com/ .

Yahoo India Homepage Get Direct Access To Flipkart Shopping Website

Yahoo India has entered into a tie up with India's e-commerce giant Flipkart on November 13^th, 2014. Under the tie-up, Yahoo will be required to host a direct gateway to Flipkart's marketplace on its India homepage. The Yahoo-Flipkart gateway is not that prominent or easily seen with a Flipkart tab, it is basically a co-branded site which can be accessed on the shopping tab on Yahoo’s India homepage.

According to a statement released by Yahoo on the Yahoo-Flipkart partnership, Yahoo India Managing Director said, "Online shopping is seeing increasing adoption with users in India. People are spending a significant time on the internet searching for products and deals. Flipkart is a market leader in Indian e-commerce, with a huge marketplace and an exciting range of products. With easy access to Flipkart directly from the Yahoo homepage, we believe that millions of users who visit the Yahoo network daily will enjoy not only premium content, but also an exciting shopping experience."

Mausam Bhatt, Online Marketing Senior Director, Flipkart said, "At Flipkart we are always looking for innovative of engaging the customer. Flipkart and Yahoo are both market leaders in their own space- and in a market where people are increasingly consuming content on digital platforms, a partnership like this helps bridge content and commerce to enhance the product discovery and purchase cycle for online shoppers."

This partnership will boost the customer base of Flipkart in a big way. The ecommerce giant recently also acquired stake in Myntra.com, which is another very successful Indian e-commerce company. The partnership will also help Flipkart in maintaining its ground and number one position from the fierce competition that it faces from Amazon India and Snapdeal.com.

The gateway can be accessed here: http://yahoo.store.flipkart.com/ .