Friday, 13 September 2013

Yahoo CEO Marissa Mayer says company now has 800 million users

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

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