Yahoo Plans Regional Language Portals; More Acquisitions

Business Standard: Yahoo India plans to launch some six regional language portals in India,-  and also plans to acquire or enter partnership with an Indian company, says the report. The report quotes a company spokesperson: “The company is planning to launch new portals in about 2-6 Indian regional languages.” He also added that Yahoo is in discussions with various Indian companies for partnerships and acquisitions. A decision may be expected in the next-  6-10 months. Yahoo had joined hands with Canaan Partners to invest $8.65 million in BharatMatrimony.

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