Yahoo is leaving China's market; cites 'challenging business conditions'

Many speculate that Microsoft's Bing could be next.


Carl Adrian

3 Nov, 2021

Yahoo is leaving China's market; cites 'challenging business conditions' | BEAMSTART News

- From our Sponsors -

Yahoo has become one of the latest US technology companies to end its business presence in mainland China.

The firm said that its decision to pull out of the market was due to an "increasingly challenging business and legal environment" in the country".

Yahoo's services are now no longer available in China.

As of today, users attempting to access Yahoo's services in China are greeted with a message stating that its services are "no longer accessible".

Despite exiting the Chinese market, Yahoo's services will not be affected in other parts of the world.

"Yahoo remains committed to the rights of our users and a free and open internet. We thank our users for their support.", mentioned the statement on its website(s).

More companies pulling out

Yahoo isn't the only company that has pulled out from China.

Earlier last month, Microsoft announced that it will be terminating LinkedIn's services in the country, citing similar reasons to Yahoo.

Yahoo never gained significant traction in China too, as the market has always been dominated by local players such as Baidu, Sogou, and Shenma.

- From our Sponsors -

Latest Jobs

Full-Stack Founding Engineer

ProSights

New York, United States

Full Time

USD 70000 — USD 175000 yearly

ai engineer -- RAG/LLMs (sf)

buildspace

San Francisco, United States

Full Time

USD 120000 — USD 220000 yearly

Test Automation Engineer

Overview

San Francisco, United States

Full Time

USD 110000 — USD 160000 yearly

Software Engineer Intern

Taiki

United States

Internship

USD 5000 yearly

Founding Engineer

Openmart

United States

Full Time

USD 130000 — USD 160000 yearly

Head of Checkr Trust

Checkr

San Francisco, United States

Full Time

USD 307168 — USD 415580 yearly

Program Manager Intern (f/m/d)

Taktile

Berlin, Germany, United States

Internship

USD 2500 yearly

Senior Product Designer

Mux

San Francisco, United States

Full Time

USD 165000 — USD 185000 yearly

Software Engineer — Data engineering

Playground

San Francisco, United States

Full Time

USD 120000 — USD 200000 yearly

SDR

Warmly,

Denver, CO, United States

Full Time

USD 18000 — USD 21000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2024 BEAMSTART. All Rights Reserved (Legal).