Yahoo's Sale Of Overture Japan Questioned
The sale by Yahoo! of Overture Japan to Yahoo Japan – a separate entity owned largely by Soft Bank (41%) and Yahoo (34%) – has been questioned by Eric Jackson at Seeking Alpha. The price of $13 million seems low and the decision to sell the PPC engine of the largest search engine in Japan seems interesting.
Yahoo Japan is the most popular engine in Japan with a 65% market share, according to Forbes magazine.
I have a hard time figuring out how things are priced…. remember the $1.65 billion for YouTube and it is not making the same kind of money PPC in Japan must be.
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