Saturday, February 12, 2011

Yahoo! International

Yahoo! is known across the world with its multi-lingual interface. The site is available in over 20 languages, including English. The official directory for all of the Yahoo! International sites is world.yahoo.com.
Each of the international sites are wholly-owned by Yahoo!, with the exception of Yahoo! Japan, in which it holds a 34.79% minority stake and Yahoo!7 in Australia which is a 50-50 agreement between Yahoo! and The Seven Network. Historically, Yahoo! entered into joint venture agreements with Softbank for the major European sites (UK, France, Germany) and well as Korea and Japan. In November 2005, Yahoo! purchased the minority interests that Softbank owned in Europe and Korea.
Yahoo! holds a 40% stake in Alibaba, which manages a web portal in China using the Yahoo! brand name. Yahoo! in the USA does not have direct control over the operations of Alibaba, which operates as a completely independent company.
In 2008, Darren Petterson, business development director for Yahoo! Europe confirmed that Yahoo! was going to launch a Romanian version of their website by the end of the year, however, due to the financial crisis at that time, those plans were frozen. In February 2010, new reports appeared in the Romanian media claiming that the portal will finally launch by June the same year, as some services like Yahoo! Mail and Yahoo! Mobile are already translated into Romanian.

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