Is Yahoos Business Model Working in 2011
Introduction
In the year 2006, Yahoo! was the top most visited social website in the world with an average of 144 million users per day. The company managed to generate a lot of revenues during this time because there was limited competition and people were eager to join web portals for socialization. As the years went by, other Web Portals emerged and Yahoo faced stiff completion from Google and Facebook making it rank number three in 2010. In addition, Yahoo’s market share decreased dramatically by almost 18% leading to an average stock price of 15 dollars in 2011. ...