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Yahoo Shutters Email Service In China

Users in China are directed to Alibaba’s email service.

Yahoo Shutters Email Service In China
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Yahoo shut down its email service in China on Sunday, encouraging users to transfer their accounts to Alibaba’s Aliyun. Users had been warned of the closure since April, and emails from Chinese Yahoo accounts will forward to Aliyun email addresses until the end of the year.

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Yahoo’s 40% stake in Alibaba, a Chinese e-commerce giant that runs the Sunnyvale, Calif.-based company’s services in China, has given CEO Marissa Mayer the capital for a series of high-profile acquisitions. Yahoo made $7.6 billion when it sold half its stake in Alibaba last year, and its remaining ownership could bring in another $20 billion, according to an analyst.

[Image: Flickr user ericnvntr]

About the author

Based in San Francisco, Alice Truong is Fast Company's West Coast correspondent. She previously reported in Chicago, Washington D.C., New York and most recently Hong Kong, where she (left her heart and) worked as a reporter for the Wall Street Journal

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