Yahoo Inc. said it plans to pull out of China, citing an “increasingly challenging business and legal environment.” The company said in a statement that its services will no longer be accessible from mainland China as of November 1.
With this Yahoo has ended its 22-year presence in the Chinese market. This means that services like Yahoo Weather, Yahoo Finance, and other websites run by Yahoo such as AOL.com, TechCrunch, and Engadget will not be accessible from within China.
Earlier, US tech platform LinkedIn also announced the closure of its localized social media network in China on October 14.
