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Yahoo Acquisition of Chinese Startup

  • Posted on August 16, 2017 at 1:23 am

Beijing – Yahoo Inc. back shopping. A pioneering company alias startup from Beijing so the target. Is Zletic, a company that provides data analysis services purchased Yahoo social network on Thursday (July 18, 2013). However, the acquisition value is not known how many.
In its website pages, Zletic was pleased to acquire this. Founder Zletic is Hao Zheng, a former employee of Yahoo China. Hao Zletic founded only a year ago.
One of Yahoo spokesperson stated, with this acquisition, the eight employees Zletic will be brought to the office of research and development of Yahoo in Beijing.
This is Yahoo’s acquisition of the 19th under the control of Marissa Mayer. Yahoo under control Mayer likes shopping startup. Mayer wants Yahoo to focus on the realm of mobile and new generations still.
Some time ago Yahoo acquired wide startup Summly, Xobni and Tumblr. Tumblr purchased with cash worth U.S. $ 1.1 billion.

Yahoo Officially Startup Acquisitions of Chinese origin Ztelic

  • Posted on February 26, 2017 at 3:20 pm

Yahoo is now led by Marissa Mayer has not quit to continue to develop the company. Several acquisitions were they doing. And now turn to a Chinese origin named Ztelic startup recently purchased by Yahoo.

Neither Yahoo nor Ztelic parties did not disclose to the public how much nominal money involved in the transaction. However, information on the step acquisition was officially inscribed in Ztelic site on Thursday (07/18/2013) local time.

In a statement, Ztelic say that they are very pleased to be joining the company at Yahoo. This acquisition was a step they refer to as a step forward and could give a positive value for the company. Especially at this time Yahoo has 700 million users.

Ztelic itself is a startup that develops software for analyzing and monitoring activity on social networks. This step was carried out Yahoo acquisition to increase investment in R & D. Interestingly, the founder of Ztelic Hao Zheng is one of the former R & D laboratory personnel Yahoo China and had developed a game for Zynga.