ECONOMIC TIMES - Oct 12 - Yahoo has sold its stake in the company that owns the online matchmaking portal bharatmatrimony.com, valuing it at $190M. BharatMatrimony, which makes its money through subscriptions, competes with shaadi.com, jeevansathi.com and simplymarry.com, which is owned by the Times Group.
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Yahoo Offloads BharatMatrimony Holding Company Stake
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Definitely outside of Yahoo's core focus now. Yahoo offloaded its dating products to Match and is now partnered with them for idating in North America and in a good portion of Europe.
Posted by: Mark Brooks | Oct 13, 2011 at 01:15 PM
Yahoo offloads everything non-core in order to keep the main business alive.
Posted by: George | Nov 06, 2011 at 05:48 PM