September 01, 2014 8:35 PM ET

Internet Software and Services

Company Overview of Yahoo Koubei

Company Overview

Yahoo Koubei is an Internet portal that offers email, search, and shopping services. Yahoo Koubei was formerly known as China Yahoo!. The company was founded in 2008 and is based in Beijing, China. Yahoo Koubei operates as a subsidiary of Alibaba.com Limited.

Beijing,  

China

Founded in 2008

Key Executives for Yahoo Koubei

Acting President
Age: 43
Compensation as of Fiscal Year 2014.

Yahoo Koubei Key Developments

Yahoo China Stops Providing News and Community Services, Hinting at Shutdown of its Operations

Yahoo has stopped providing news and community services in China over the weekend, hot on the heels of Yahoo officially shuttering its email service in the country last month. These moves seem to hint at Yahoo's official shutdown of its operations in China, especially as Yahoo China's website simply displays a farewell post and then redirects users to now.taobao.com, a public welfare website run by Alibaba— the e-commerce group that Yahoo has a lucrative stake in.

Alibaba Reportedly Plans To Give Yahoo Koubei to Yahoo!

Alibaba Group Holding Limited is reportedly planning to return Yahoo Koubei to Yahoo! Inc., according to Sina Corp which cited an anonymous source. A former Yahoo China employee stated that Alibaba had made the decision in February 2013 but may not announce it until May 2013. The deal is likely to be conducted in the form of a share swap but no details were reported.

Yahoo Koubei Closes Music Search Service in China

Yahoo Koubei closed its music search service on January 20, 2013, it continues to lose ground in the Chinese search engine and news portal markets.

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