By buying out Softbank's JV (joint venture) interests, our strategic flexibility to take advantage of international growth opportunities in Korea and Europe will be enhanced, and this new structure should lead to a more efficient, longer-term operating and tax model.
By buying out Softbank... our strategic flexibility to take advantage of international growth opportunities in Korea and Europe will be enhanced, and this new structure should lead to a more efficient, longer-term operating and tax model.
Yahoo had another strong performance this quarter. Our overall advertising business saw solid growth and our user numbers continued to climb.
As we reorganized the business and reduced costs throughout the year, Yahoo! managed through the difficult environment, ... We continue to focus on long-term growth as we execute our strategy of building a diversified global business.
One year ago, we were underperforming the overall advertising market, ... Now, because of this balance, we feel confident that we will achieve double-digit year-over-year growth in marketing services during the second half of this year.