Yahoo's fourth-quarter revenue slides as ad prices dip again

mardi 28 janvier 2014

Yahoo CEO Marissa Mayer delivers her keynote address at the annual Consumer Electronics Show (CES) in Las Vegas in this file photo Yahoo Inc's (YHOO) online ad prices slid again in the fourth quarter and Alibaba, the Chinese e-commerce giant in which it owns a big stake, saw revenue growth decelerate from its recent rip-roaring pace. Yahoo's overall revenue fell 6 percent in the last three months of the year to $1.266 billion, marking four consecutive quarters of eroding revenue. Yahoo's efforts to revamp its slumping business have come to the forefront following Chief Executive Officer Marissa Mayer's decision to fire Chief Operating Officer Henrique de Castro this month, after only slightly more than a year on the job. The move marked the first major change of plans since Mayer took the helm in July 2012, and underscored Yahoo's ongoing challenge to rekindle revenue growth.








via Business News - Yahoo Finance http://ift.tt/1fuB5L2

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