You are here: Home » Technology » News
Business Standard

Yahoo pulls out of China amid increasingly 'challenging' environment

Yahoo is the second large US technology firm in recent weeks to reduce its operations in China

Topics
Yahoo!  | China | Microsoft

AP | PTI  |  Hong Kong 

A Yahoo logo is pictured in front of a building in Rolle, 30 kms (19 miles) east of Geneva. Photo: Reuters
Photo: Reuters

Yahoo Inc. on Tuesday said it plans to pull out of China, citing an increasingly challenging business and legal environment.

The company said in a statement that its services will no longer be accessible from mainland as of Nov. 1.

"Yahoo remains committed to the rights of our users and a free and open internet. We thank our users for their support, the statement read.

Yahoo is the second large U.S. technology firm in recent weeks to reduce its operations in Last month, Microsoft's professional networking platform LinkedIn said it would shutter its Chinese site, replacing it with a jobs board instead.

Yahoo had previously downsized operations in China, and in 2015 shuttered its Beijing office. Its withdrawal from is largely symbolic as at least some of Yahoo's services, its web portal, has been blocked in the country.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, November 02 2021. 18:47 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU