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Yahoo Inc is a global Internet communications commerce and media company that offers a comprehensive branded network of services to more than 120 million users each month worldwide As the first online navigational guide to the World Wide Web wwwyahoocom is the leading guide in terms of traffic advertising household and business user reach and is one of the most recognized brands associated with the Internet The company also provides online business services designed to enhance Yahoos clients Web services including audio and video streaming store hosting and management and Web site tools and services The companys global Web network includes 21 World properties Yahoo has offices in Europe the Asia Pacific Latin America Canada and the United States and is headquartered in Santa Clara California Yahoo was developed and first made available in 1994 by the Companys founders David Filo and Jerry Yang while they were graduate students at Stanford University The Company was incorporated in California on March 5 1995 and commenced operations on that date On May 18 1999 the Company reincorporated in Delaware In August 1995 the company commenced selling advertisements on its Web pages and recognized its initial revenues The company experienced dramatic growth providing broadcast media communications and commerce services Yahoo completed several major acquisitions including GeoCities an Internet company specializing in publishing tools and online communities and Broadcastcom inc an Internet company specializing in audio and video broadcasts over the Web These acquisitions as well as many other ones have helped Yahoo diversify the properties and services it offers to its clients helping to establish it as a one-of-a-kind all encompassing web portal Yahoo is the number-one destination of users of the Internet the world over With over 110 million unique users and 485 million average daily page views during December 1999 Yahoo has clearly proven its ability to attract Web users like moths to light With Yahoos customizable services available in the US and in 21
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