Quantcast

Yahoo CEO says company now has 800 million users



YAHOO. AP FILE PHOTO

SAN FRANCISCO — Yahoo CEO Marissa Mayer says the Internet company now has about 800 million worldwide users, a 20 percent increase since she was lured away from Google 15 months ago to steer a turnaround.

The gain disclosed Wednesday at a technology conference in San Francisco is the latest evidence of the progress that Yahoo Inc. is making under Mayer’s leadership. The Sunnyvale, California, company’s stock has nearly doubled since Mayer came aboard, though she and analysts say that gain primarily stems from the value of Yahoo’s holdings in China’s rapidly growing Alibaba Group.

Mayer says the figure for the 800 million Yahoo users doesn’t include the traffic that the company has picked up from its $1.1 billion acquisition of Internet blogging service Tumblr earlier this year.

Despite the increased traffic, Yahoo is still struggling to boost its online advertising revenue — the main way that the company makes money. In recent quarters, Yahoo’s ad revenue has been barely rising while Google and another rival, Facebook Inc., have been thriving.

Mayer says she believes it her strategy for accelerating Yahoo’s revenue growth will require at least three years to unfold.

Yahoo’s stock shed 29 cents Wednesday to close at $29.19.








Recent Stories:

Pacquiao urged: Be more active as congressman 1 min elapsed Red Lions hold off Chiefs, go for five-peat on Wednesday 18 mins elapsed House won’t rush Aquino emergency powers anymore 27 mins elapsed 15-year-old Fil-Australian hailed as new X-Factor Australia champ 31 mins elapsed Offbeat: Chaos as India marathon leaders miss turn, take the bus 50 mins elapsed ‘Barbie’ to testify at Senate hearing on Laude case – De Lima 1 hour elapsed SC sets Edca debate on Nov. 18 1 hour elapsed PSEi firms up over 7,000 as regional markets rebound 1 hour elapsed
Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.




  • disqus_QPbG1VUHjB

    If the Yahoo CEO can study and acquire the scheming/pirating methods of Google, it could perhaps equal or surpass its growth. But, “the sun shines for everybody’ and Yahoo can have its share of it with bit of patience and diligence. More power Yahoo !

  • slicenziuten

    cool title.

    “Yahoo CEO says company now has 800 million users”
    “The 10 billion pork money has only one user”
    that time Napoles was like… yahoooooo!

  • walangusername

    yahoo is yahoo. no matter what comes, it is different from google.

  • pubringjuandelacruz

    I’m still looking for the day that Yahoo would get back his throne.



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement
Marketplace