A Yahoo billboard stands at a wealth management exhibition in Shanghai. Yahoo posted a profit of $272 million in the fourth quarter of 2012, down 8% year-on-year, while its revenue rose 2% in the same period to $1.35 billion, a the company announced on Tuesday. Photo: PCP
Yahoo, the well-known American technology company, has announced that its email services will no longer be supported in mainland China from Monday, as the American technology company continues its withdrawal from one of the most competitive Internet markets. in the world.
As a reminder, as of February 28, 2022, Yahoo’s suite of services will unfortunately no longer be accessible from mainland China. In all other regions, Yahoo Mail functionality will not be affected… After February 28, you will no longer be able to send or receive new emails from mainland China or download data, according to an email from the Yahoo Mail team to its members.
Yahoo had already reduced its presence in the Chinese market in recent years.
In November 2021, Yahoo decided to end its services to users based in mainland China, citing an increasingly difficult business and legal environment.
But experts told the Global Times that the move was prompted by its own business bankruptcy and had nothing to do with China’s business and legal environment.
Liu Dingding, an independent technology analyst based in Beijing, earlier told the Global Times that Yahoo’s influence and market share had been reduced to “negligible levels” even five or six years ago.
Yahoo’s decision to cut staff last year came less than a month after Microsoft’s LinkedIn social networking site in China shut down. LinkedIn then launched a new job board app called InJobs.
Currently, many Yahoo products and services are no longer available in mainland China.
When Yahoo’s data breach affected 3 billion accounts in 2017, tens of millions of accounts in mainland China were affected, according to media reports at the time.
In an era before search giant Google, Yahoo was the world’s leading search engine provider and the world’s leading portal search website. It opened its Chinese website in 1999 and was acquired by Chinese e-commerce giant Alibaba in 2005. However, it was quickly overtaken by Google.