Yahoo! is one of the famous companies which have been providing various vital services to the internet users all over the world. Being launched in March 1994, it is very popular due to the wide variety of services it provides. Yahoo! Mail is also the oldest and popular feature which has made Yahoo! a useful site to visit in the internet.
Recently, Yahoo!, which is also known as the Internet Giant has stopped its mailbox services in China. Since China is considered as the world’s largest internet market, many people have become astonished by this decision of Yahoo!. However, Yahoo! has clarified that it has stopped Yahoo! Mail in China with the view to support its Chinese partner and online shopping service Alibaba. Yahoo! has also suggested its users to shift their Yahoo! Mail accounts to Alibaba’s AliMail. The users who want to shift their email accounts can receive the emails sent to their Yahoo! Mail accounts till December 31 of 2014 A.D.
Alibaba had rebought its 16% share with Yahoo! in 7 billion and 600 million dollars. Even today, Yahoo! has the share of about 24% share on Alibaba. Till 2005, Yahoo! had bought 40% of the total shares of Alibaba. And Alibaba is planning to go to share market within the next two years. Although Yahoo! has clarified that it has stopped its mailbox services in China so as to support its partners in China, experts and critics have guessed that Yahoo! was forced to do so due to the unpopularity of Yahoo! in China. They have also guessed that the leakage of personal data of some users might also be the reason behind the stopping of Yahoo! Mail in China. Sometime ago, Yahoo! was accused of providing the personal data of some users to the Chinese Government which had led to the arresting of many politicians.