latest news! Yahoo Yahoo officially withdraws from China!

(Yahoo homepage)

According to the Associated Press, Yahoo! USA announced on Tuesday (November 2) that the company has officially It stopped all its services in mainland China, saying it was because the local "business and legal environment has become increasingly challenging."

Judging from previous public reports in many media, Yahoo’s withdrawal from China is not surprising. The company had shut down its news and email services in China in 2013, closed its R&D center in Beijing in 2015, and laid off hundreds of employees. In the face of Chinese Internet companies, Yahoo's business in China also lacks competitiveness. At the same time, the American company itself also encountered operating difficulties. For example, its stock price continued to fall in 2015, and it sold its core business to the American communications giant Verizon in 2017. At that time, many Western media reported the fall of Yahoo.

What is strange is that when media outlets such as CNN and the Associated Press reported Yahoo’s withdrawal from China, they did not mention this information, but instead misrepresented it. The gimmick of the report fell on China's Internet supervision, and even related the matter to LinkedIn, which announced adjustments to its business in China not long ago, but was deliberately reported by foreign media as "exiting" China, hoping to use this to hype the United States. The "perception" that companies are "exiting China one after another".

Forget it, let the Americans immerse themselves in the illusion that "it was they who withdrew from China" rather than that they "cannot survive" in China. (Global Times)