Yahoo Leaves China
Yahoo entered China in 1998. In 2012, Yahoo reached a deal with Alibaba to sell its stake in the e-commerce giant.
The deal gave Alibaba the right to operate Yahoo China under the Yahoo brand for up to four years.
Yahoo China later closed its e-mail service and web portal but the brand maintained a global research and development center in Beijing until 2015.
Yahoo's departure from the country came as Beijing imposed new restrictions on internet companies in areas from content to customer privacy and new law.
On Monday (1/11), a new personal information protection law designed to protect the privacy of online users' data came into effect in China. (reuters/ant/mcr20/jpnn)
This news has been broadcast on JPNN.com with the title: Yahoo Angkat Kaki dari China
Yahoo officially announced its departure from China.
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