One of the public corporations found at Silicon Valley in Sunnyvale, California, Yahoo Inc. was established by David Filo and Jerry Yang on March 1, 1995. This company offers various Internet services like online mapping, advertising, portal search engine as well as email messaging. In May 2009, the website is the second most visited web pages with an average 3.4 billion page views every day. To learn more about this company, let us look at its size in terms of the number of employees working at Yahoo Inc.
The Size of Yahoo
How big is Yahoo? The total numbers of employees of the company in the first quarter of 2009 is 13,500. The revenue posted by the firm in 2008 is $7.22 billion. On the other hand, the operating income for the year is $4.13 billion.
The company started in 1995 with a venture capital amounting to $3 million. The firm raised an initial public offering of $33.8 million on April 12, 1996, when it offered 2.6 million shares for only $13 each. In December 1999, the stocks of the firm closed at $118.75 for each share. The firm’s shares closed at $4.06.
Additional Facts and Other Interesting Details
In March 2007, Yahoo Inc. launched various communication services that computer users can find very useful. These include the Yahoo! Messenger and the Yahoo! Mail. The first service allows people to chat with their online friends and relatives. On the other hand, the second service is very useful in sending electronic mails to other users. At this year, the company offers other communication services like the Yahoo! Personals, Yahoo! 360, Flickr, My Web and Delicious.
In terms of content, the company offered various products like Yahoo! Music, Yahoo! Answers, Yahoo! Music, Yahoo! News and Yahoo! Sports. On the last day of March 2008, the company launched the web portal known as the shine.yahoo.com. This portal is designed to serve women ages 25 to 54.
In order to promote its services and products, the company tie up with other companies like Verizon Communications, AT&T, British Telecom as well as Rogers Communications. To attract users, it offered access of the site through mobile phones when it launched Yahoo! Mobile.
The firm also promotes online commerce by featuring Yahoo! Shopping, Yahoo! Travel and Yahoo! Real Estate. In addition, it offers services that are helpful to small business owners like the Yahoo! Store, Yahoo! Business Mail, Yahoo! Web Hosting, Yahoo! Domains and Yahoo! Merchant Solutions.