Yahoo Makes Super Strategic Investment In Indian 411 Service

Nick | Dec 19, 2008 | Comments 0

Today Yahoo announced the purchase of 30% of the shares of an Indian telephone information service called Network Management
Company. The size of the investment wasn’t disclosed, although Yahoo will take a board seat.

I’m sure Yahoo has great reasons for the investment, but this seems like a bit of a side show. Their core U.S. business is deteriorating. Whatever energy they put into this deal seems like it would have been better spent

pondering what they will do about it.

techcrunch.com

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