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Yahoo China Shuts Down Its Web Portal

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http://techcrunch.com – Yahoo China, which is operated by Chinese e-commerce and Internet services behemoth Alibaba Group, has closed its Web portal. The site now displays a good-bye message before redirecting visitors to now.taobao.com, a news site run by Alibaba Group’s Taobao. The good-bye message says the decision to shutdown Yahoo China’s portal is in accordance with a 2012 agreement made between Alibaba Group and Yahoo and that Yahoo China’s employees will move on to new positions within Alibaba. The closing of Yahoo China’s portal is one of the last steps in Alibaba Group’s dec (IT news)