Yahoo

“Yahoo!”

Company Overview:

Yahoo! Inc. ("Yahoo!", "Our" or "We") is a global Internet business and consumer services company that offers a comprehensive branded network of properties and services, currently to more than 219 million individuals worldwide. As the first online navigational guide to the World Wide Web, www.yahoo.com is a leading guide in terms of traffic, advertising, and household and business user reach. Through Yahoo! Enterprise Solutions, also provide business services designed to enhance the productivity and Web presence of it’s clients.

Yahoo! was developed and first made available in 1994 by its founders, David Filo and Jerry Yang, while they were graduate students at Stanford University. Yahoo! is incorporated in Delaware and commenced operations on March 5, 1995. In April 1996, it completed its initial public offering on NASDAQ. At that time Yahoo!’s stock opened for $13.00 per share. At the close of its first day of the IPO, Yahoo! stock had reached a closing price of $33.00 per share (Yahoo! Inc).

In 1996, Yahoo! Inc. entered into joint ventures with SOFTBANK. Through this initial joint venture, Yahoo! Inc. was able to create Yahoo! Japan. Subsequently Yahoo! Inc. has teamed with SOFTBANK to create markets in Germany, United Kingdom, France, and Korea. Yahoo! Inc. and SOFTBANK have also created GeoCities Japan Corporation to create and manage a Japanese version of the GeoCities website.

Yahoo! Inc. has also teamed in a joint venture with VISA to establish Yahoo! Marketplace. This joint venture occurred in August of 1996 and has since then created a navigational service focused on information and resources for the purchase of consumer products and services over the internet. This joint venture alone created a new market for Yahoo! Inc.

Since 1997, it acquired several companies including those that provided databases, software, technologies and/or tools to develop and expand upon certain of its commerce, communications, and...