Yahoo Japan, Japan’s top Internet portal, posted an 87 percent jump in Q3 profit, and raised its forecast for the full year, thanks to record ad sales and a strong auction business.
And, get this: Yahoo Japan, with a market capitalization of 2.87 trillion yen, is the nation’s largest media stock with a market value greater than the combined capitalization of Japan’s four biggest broadcasters. Its stock has tripled in value since the start of the business year last April.
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