Tuesday, 22 May 2012

Yahoo to sell its stakes in Alibaba - Hillgrove PR analyses the situation

Struggling internet giant Yahoo intends to collect around $7.1bn by selling its stake in Alibaba, the top e-commerce company in China.

Facebook and other social media sites should closely watch the troubles in Yahoo as they could also face the same situation sometimes in the future.


Comments from Hillgrove PR:

One reason for Yahoo's problems may be mismanagement, but the fact that people (users) always look for change and may abandon current sites for newer ones, should be a point of concern for all social media sites. Keep it in mind and always be ahead of the change to survive.