Second Yahoo! Quitter raises doubts over international strategy

Internet portal Yahoo has suffered its second high-profile resignation from one of its senior international executives, casting doubts over its overseas strategy.

Internet portal Yahoo has suffered its second high-profile resignation from one of its senior international executives, casting doubts over its overseas strategy.

Managing director and vice president of Yahoo's operations in Asia Savio Chow announced he was leaving for personal reasons, just a day after managing director for Europe Fabiola Arrendondo quit.

She was said to have resigned due to frustration over differences of opinion between Jerry Yang, one of the company's founders, chairman and chief executive Tim Koogle and US president Jeff Mallett over potential acquisitions and other deals.

It has also been reported that she was disappointed by the company's decision not to float Yahoo! Europe last year, which would have made her chief executive of one of Europe's largest internet businesses.

Koogle rallied to the news by saying the business was moving towards charging for business and entertainment services.

Yahoo is thought to be moving away from online advertising - currently it relies heavily on ads to raise 90% of its revenue.The group has a huge reach to the internet, with access to more than 60% of users, but has so far has not managed to make money on content.





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