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   Why did Yahoo spin off its small business unit?

   • Yahoo announced Tuesday it is spinning off its Yahoo Small Business unit as part of a transaction to hand over to shareholders in a tax-free manner its 15 percent stake in China’s Alibaba, valued at roughly $40 billion. According to WSJ.com’s Digits Blog, Yahoo’s spin-off of shares is designed to save investors billions of dollars on taxes.

   Yahoo Small Business (& $40 Billion) to Spin Off From Yahoo

   smallbusiness.com/news/yahoo-small-business-40-billion-spin-off-yahoo/

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   What is Yahoo Small Business?

   • Yahoo Small Business sells e-commerce tools, domain names, web hosting and local listing services to more than 1.5 million paying customers. (See list below.) A version of the service has been around since 1998, when Yahoo purchased Viaweb, a startup started by YCombinator founder Paul Graham.

   Yahoo Small Business (& $40 Billion) to Spin Off From Yahoo

   smallbusiness.com/news/yahoo-small-business-40-billion-spin-off-yahoo/

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   Is Yahoo rebranding to Verizon Small Business Essentials?

   • Twenty-three years ago, Yahoo launched the Yahoo Stores platform – a predecessor to Shopify and BigCommerce. Since then, Yahoo’s ecommerce offerings have gone through some branding and ownership changes, culminating in today’s announcements: Yahoo Small Business is officially rebranding to Verizon Small Business Essentials.

   The End of an Era as Yahoo Small Business Rebrands to Verizon

   www.ecommercebytes.com/2021/11/17/the-end-of-an-era-as-yahoo-small-business-rebrands-to-verizon/

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   Does Verizon own Yahoo?

   • Verizon has retained a 10% stake in Yahoo. “We look forward to partnering with Yahoo's talented employee base to build on the company's strong momentum and position the new Yahoo for long-term success as a standalone consumer internet and digital media leader,” said Reed Rayman, Partner at Apollo.

   Apollo Funds Complete Acquisition of Yahoo

   www.apollo.com/insights-news/pressreleases/2021/09/apollo-funds-complete-acquisition-of-yahoo-161530593

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2. www.prnewswire.com › news-releases › yahoo-smallYahoo Small Business Announces Rebrand to Verizon Small ...

   www.prnewswire.com › news-releases › yahoo-small

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   Nov 17, 2021 · Formerly known as Yahoo Small Business, Verizon Small Business Essentials empowers business owners to launch and scale their ideas online. From creating a website to reaching new customers,...

3. www.theverge.com › 2021/9/2 › 22653652Yahoo is Yahoo once more after new owners complete ...

   www.theverge.com › 2021/9/2 › 22653652

   Sep 2, 2021 · Yahoo will now be run by CEO Guru Gowrappan, and will operate as a standalone company under Apollo Funds. Apollo is a private equity firm that owns assets like crafts retailer Michaels and the...

   • Author: Jon Porter

4. www.ecommercebytes.com › 2021/11/17 › the-end-of-anThe End of an Era as Yahoo Small Business Rebrands to Verizon

   www.ecommercebytes.com › 2021/11/17 › the-end-of-an

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   Nov 17, 2021 · Twenty-three years ago, Yahoo launched the Yahoo Stores platform – a predecessor to Shopify and BigCommerce. Since then, Yahoo’s ecommerce offerings have gone through some branding and ownership changes, culminating in today’s announcements: Yahoo Small Business is officially rebranding to Verizon Small Business Essentials.

5. www.cnbc.com › 2021/05/03 › verizon-sells-yahoo-andVerizon sells media businesses including Yahoo and AOL to ...

   www.cnbc.com › 2021/05/03 › verizon-sells-yahoo-and

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   May 3, 2021 · Verizon will sell its media group to private equity firm Apollo Global Management for $5 billion, the companies announced Monday. The sale allows Verizon to offload properties from the...

6. smallbusiness.com › news › yahoo-small-business-40Yahoo Small Business (& $40 Billion) to Spin Off From Yahoo

   smallbusiness.com › news › yahoo-small-business-40

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   Feb 3, 2015 · Yahoo is spinning off Yahoo Small Business unit as part of a transaction to hand over to shareholders tax-free, about 15% of Alibaba shares, valued at roughly $40 billion. Small business information, insight and resources | SmallBusiness.com

7. www.tmcnet.com › usubmit › -yahoo-small-businessYahoo Small Business Announces Rebrand to Verizon Small ...

   www.tmcnet.com › usubmit › -yahoo-small-business

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   Nov 17, 2021 · Formerly known as Yahoo Small Business, Verizon Small Business Essentials empowers business owners to launch and scale their ideas online. From creating a website to reaching new customers, Verizon Small Business Essentials solutions have been helping entrepreneurs succeed since 1998.

8. www.apollo.com › insights-news › pressreleasesApollo Funds Complete Acquisition of Yahoo | Apollo Global ...

   www.apollo.com › insights-news › pressreleases

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   Sep 1, 2021 · With the close of the transaction, Yahoo will now operate as a standalone company under Apollo Funds. Verizon has retained a 10% stake in Yahoo.