2012 the year Yahoo! is sold

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Next year will probably be the year that Yahoo! sells something to someone. Yahoo! will either be partly owned by a private equity group or Yahoo! will sell its stake in Alibaba and Yahoo! Japan to its partners.

With private equity groups looking for a possible acquisition of Yahoo! and partners in Asia looking to acquire Yahoo’s stake in their businesses. Yahoo! stock also has not shown much signs of life. Yahoo! will probably be bold and do a lot of things in 2012 to get the stock up.

Yahoo! Inc., has a market capitalization of $20 billion dollars at the time this article was published. The bulk of Yahoo’s market capitalization is believed to be mostly made up of Alibaba and Yahoo! Japan stakes.

Amazon.com to offer Kindle Fire for holiday season

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Amazon.com is set to ship a new Kindle model starting this week. The Kindle Fire is a 7” tablet that features full color display and tight intergration with Amazon’s cloud service. The new Kindle Fire priced at only $199 will attract new customers and existing Kindle customers may make the upgrade. Consumsers that wanted a tablet computer for the holidays may opt for the Kindle Fire instead of Apple’s iPad 2. The iPad 2 starts at $499. At half the price the Kindle Fire may prove to be a holiday success for Amazon.com.

Amazon.com had a market capitalization of $98.86 billion dollars as of November 11, 2011. The company’s last trade was at 217.39 during trading hours on November 11, 2011.

Yahoo! reports third quarter 2011 results

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Yahoo has reported the company’s third 2011 results that ended on September 30, 2011. Yahoo reported GAAP revenue of $1.217 billion dollars for the third quarter. A 24% decrease when compared to the third quarter of 2010. Yahoo cites the decline due to the Search Agreement and revenue share the company has with Microsoft. Income from operations was $177 million dollars a decrease of 6% compared to $189 million dollars from the third quarter of 2010. Net earnings was $293 million dollars a decrease of 26% compared to $396 million dollars from the third quarter of 2010.

Below is a snapshot of Yahoo’s financial results:

Yahoo! 3rd Quarter 2011 Ressults [via Yahoo!]

Amazon.com partners with CIPG to sell Chinese books

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Amazon.com has partnered with China International Publishing Group (CIPG) to launch a online Chinese language bookstore. The Chinese language bookstore jointly operated by Amazon.com and CIPG would allow readers to purchase Chinese language books and books about China.

Amazon.com is already active in the Chinese market with a presence available at Amazon.cn that was launched after Amazon.com acquired online retailer Joyo.com.

[via Xinhua]

Yahoo! to announce earnings tomorrow

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Yahoo under pressure from shareholders to get the stock up is due to release earnings tomorrow. The earnings report from Yahoo tomorrow will be the first earnings report after the company fired Carol Bartz as CEO. The earnings report may also explain why the company fired Carol Bartz.

Yahoo is facing an uncertain future with the company being a hot target for a possible acquisition. A weak earnings may lower the chance of the company remaining independent.

Yahoo today has a market capitalization of $19.82 billion dollars. Possible buyers of Yahoo include: Microsoft, Kohlberg Kravis Roberts (KKR), Blackstone, Providence Equity Partners, Silver Lake Partners, SoftBank, Alibaba Group, and DST Global.

Top 10 Internet Companies by Market Capitalization for July 5, 2011

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UPDATE: Internet Company Stocks forgot to convert some non-US based companies market capitalization to US currency. The market capitalization list below has been edited to correct our mistake. The crossed out lines in the original list represent a market capitalization that was in a non-US currency. The new market capitalization shows the currency in USD.

Correct list:

  1. Google
  2. Amazon.com
  3. Baidu
  4. Tencent
  5. eBay
  6. priceline.com
  7. Yahoo!
  8. Netflix
  9. Yandex
  10. LinkedIn

The following is a list of the top 10 Internet companies by market capitalization. The market capitalization data was provided by Yahoo! Finance. The companies listed below get the majority of their revenues from products and services that are offered via the Internet. Data was retrieved on July 5, 2011 at 7:30 PM Eastern Time.

1. Tencent has a market capitalization of $395.38 billion dollars. Tencent has a market capitalization of $50.82 billion dollars.

2. Google has a market capitalization $171.58 billion dollars.

3. Amazon.com has a market capitalization of $96.37 billion dollars.

4. Alibaba.com has a market capitalization of $64.35 billion dollars. Alibaba.com has a market capitalization of $8.27 billion dollars.

5. Baidu has a market capitalization of $50.88 billion dollars.

6. eBay has a market capitalization of $42.36 billion dollars.

7. priceline.com has a market capitalization of $26.58 billion dollars.

8. Yahoo! has a market capitalization of $20.18 billion dollars.

9. Netflix has a market capitalization of $15.21 billion dollars.

10. Yandex has a market capitalization of $10.95 billion dollars.

 

The following Internet companies did not make the cut into the top 10.

LinkedIn has a market capitalization of $8.57 billion dollars.

Expedia has a market capitalization of $8.18 billion dollars.

Sina has a market capitalization of $7.21 billion dollars.

NetEase has a market capitalization of $6.38 billion dollars.

Youku has a market capitalization of $4.3 billion dollars.

IAC/InterActiveCorp has a market capitalization of $3.51 billion dollars.

Sohu has a market capitalization of $2.99 billion dollars.

AOL has a market capitalization of $2.18 billion dollars.

Monster Worldwide has a market capitalization of $1.81 billion dollars.

Demand Media has a market capitalization of $1.1 billion dollars.

Gree may list on stock exchange outside of Japan

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Gree Inc., a social networking service based in Japan, is considering listing shares outside of Japan. Gree Inc., first went public on the Tokyo Stock Exchange in 2010. Gree’s founder and CEO, Yoshikazu Tanaka, is expressing interest in listing the social networking site on an oversea stock exchange.

Yoshikazu Tanka, says the company is not in need of funding. Yoshikazu Tanka, says the company may continue acquiring other companies to expand beyond Japan. Gree recently agreed to acquire OpenFeint Inc., a California based company for $104 million dollars.

Gree has a market capitalization of $4.9 billion dollars on the Tokyo Stock Exchange. Reporting a profit of $58 million dollars (4.7 billion yen) for its fiscal year ended in March. Major shareholders of Gree: Yoshikazu Tanka owns 48.9% and KDDI owns 7%.

Gree has some 25 million user accounts. Mixi, another social networking service in Japan has over 21 million users.

[via Bloomberg]

Bing to power Baidu English results

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Baidu and Microsoft have confirmed that Bing will provide results for English queries conducted via Baidu. The partnership is expected to improve Baidu’s English results. Baidu receives 10 million English search queries per day.  The new partnership between Microsoft and Baidu is expected to launch by the end of this year.

It has been rumored that Microsoft in return for providing English results to Baidu may have Baidu help sell ads in the Chinese market. No further details about the partnership is available at this time.

Microsoft (Nasdaq: MSFT) last traded at $26.02 (up 0.08%) with a market capitalization of $219 billion dollars. Baidu (Nasdaq: BIDU) last traded at $143.346 (up 2.3%) with a market capitalization of $50 billion dollars. Last trade for MSFT and BIDU was July 1, 2011 after the market closed. The market did not open for trading on July 4, 2011.

[via Reuters, Seattle Times]