Alibaba Group has planned to e-commercialized daily life information website Yahoo Koubei (koubei.com) and social networking service Yahoo Guanxi in 2009. They will later be integrated into Alibaba's e-commerce system, said China Yahoo Public Relations Director Wang Tong.
China Yahoo designated its life information service and email services and Social Networking Service (SNS) Yahoo Guanxi as its key businesses in an annual meeting, as reported by Sina quoting a company insider. Team of over 60 employees has been established to generate profit from the e-commerce webstie in life services. All Yahoo China resoruces will be put towards life services in 2009 to meet the goals.
China Yahoo currently has nearly 700 employees, including nearly 200 for Koubei, but only 20 maintain and update China Yahoo content, said the Sina report quoting Wang. Search and blog services will not be emphasized in the future, and China Yahoo will not spend more money on search traffic, said Wang. China Yahoo has stopped providing some download and upload functions for its online photo service and plans to shut down its new community platform on February 28 due to business restructuring.
Monday, February 16, 2009
China Yahoo to E-Commercialize Koubei & Social Networking Service Yahoo Guanxi
Monday, February 16, 2009
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