Business @ AsiaOne

Yahoo eyes operating margin of 15-20 pct in 3 yrs

Yahoo will eye growth in Southeast Asian markets such as Indonesia and Vietnam. -Reuters

Tue, Nov 10, 2009
Reuters

Internet giant Yahoo Inc is committed to grow its operating margin to 15-20 percent over the next three years from 6 percent currently, CEO Carol Bartz said on Tuesday.

Bartz described the current operating margin of 6 pct as "terrible, terrible".

Yahoo, the top U.S. seller of online display ads, will eye growth in Southeast Asian markets such as Indonesia and Vietnam, she said at a lunch talk organised by the American Chamber of Commerce in Singapore.

Microsoft Corp said on Nov 5 its search engine partnership with Yahoo would not be limited to the United States but would be introduced around the world, once it gets regulatory approval.

Microsoft and Yahoo had earlier this year signed a 10-year global Web search partnership to challenge market leader Google Inc , a pact that U.S. and European antitrust regulators are evaluating.

 
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