Yahoo Is Rumoured To Sale Its Asian Assets

PHP Freelancer
According to a recent report published by the news agency Bloomberg, Yahoo! is about to sell assets in China and Japan to a group of investors. Up until now there were numerous speculations related to Yahoo!’s intentions to accept a takeover or to impose reorganization plans. The latest rumour on the matter hinted to Yahoo! starting negotiations for the sales of assets such as stakes in Yahoo Japan and Alibaba, the Chinese e-commerce company.

Sources who wish to preserve anonymity due to the privacy of the ongoing discussions, suggested that Yahoo! is interested in reallocate the profits to shareholders or gain resources and later invest them to buy back shares. As none of the leaked information has been confirmed yet, Yahoo might still sell the whole company to a group of investors

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