Yahoo! Profile

Yahoo! Inc. together with its consolidated subsidiaries, is a global Internet brand. The Company provides Internet services that are essential and relevant to users, and businesses through the provision of online properties (the Yahoo! Network) to Internet users and a range of tools and marketing solutions for businesses to market to that community of users. The Company is focused on extending the marketing platform and access to Internet users beyond the Yahoo! Network through the distribution network of third-party entities (affiliates) that have integrated the sponsored search offerings into their Websites. Many of the services are free to the users. It provides services that allow businesses to list information on properties on the Yahoo! Network. The offerings to users and businesses fall into three categories: Search and Marketplace; Information and Content, and Communications and Consumer Services. For the six months ended 30 June 2006, Yahoo! Inc.'s revenues rose 30% to $3.14B. Net income fell 66% to $324.2M. Revenues reflect an increase in turnover from organic growth due to expanding user & advertiser base. Net income was offset by an increase in cost of revenues, higher sales & marketing expenses, increased product development costs, higher general & administrative costs, lower net interest income and higher intangible amortization expense.