Yahoo outshines under its new CEO, has 20% more users now

yahoo-outshines-under-its-new-ceo-has-20-percent-more-users-now

Yahoo!, flamboyant with its recently not-quite-changed logo, has recently announced that the company has attained 20 percent more users since the taking over of Marissa Mayer as the CEO of the then-ailing company. In a recently held event, the vibrant CEO announced that Yahoo! has surpassed 800 million monthly active users on a global scale. The count excludes users from Tumblr, the micro blogging and social networking site purchased by Yahoo! recently.
With its monthly mobile users toppling up to 350 million, Marissa also added that Yahoo! homepage, mail and search has also seen a substantial amount of new footfall in the servers. With its new logo glittering, the company has recently been revamping its services in its effort to bring back the ailing company on track. "The products have to be good, otherwise users don’t come and actually use them. And then once you’ve got that usage, you can use that especially in [an] advertising business like what we run to actually attract more advertisers, and grow revenue. So we’ve had a modest year of growth in 2012. One percent growth, but all growth starts somewhere. And this year we’ve had a nice stable year so far. We’re ideally hoping to see some growth this year or next year, but on the people, we’re seeing really exciting things," Marissa stated. Breaking the ice, she also stated that the company has definitely turned the game by the recent acquisitions which has taken the employee strength to 12,000.
"Fourteen percent of Yahoo’s hires in Q1 were “boomerangs," Marissa stated, in which Boomerang nick name was tagged to former employees of the company who returned back. According to data from a firm, Yahoo surpassed Google as the top web property in the US recently which is a laudable achievement.

Source: WebProNews