It hasn’t been easy for Yahoo over the past few years, the company has been trying hard to bring back users to its core web properties, but the plans don’t appear to be working as well as it would like them to. Perhaps the company thinks that selling off the iconic properties like Yahoo Mail would be a better option for long-term sustainability, that’s actually what the company is reportedly considering.
Ex-Googler Marissa Mayer took over as CEO of Yahoo in 2012 and since then she has been trying to revive Yahoo by expanding more into media and complete overhaul of core products like Mail, Finance, Sports, Weather and Flickr.
Citing anonymous sources The Wall Street Journal reports that Yahoo is going to seriously deliberate on this idea of selling its core business during several meetings which will take place from today till Friday.
The report claims that no idea is off the table in those meetings, the company’s stake in Chinese e-commerce behemoth Alibaba may come up and deliberations on whether to spin it off may take place, aside from mulling over the idea of selling Yahoo’s core business, or even doing both of these things.
There has been no comment from Yahoo regarding this report and it’s unlikely to say anything throughout the week if these meetings really are taking place, perhaps more details will leak out later in the week.