A New Chapter As Yahoo – Apollo Funds Completed the Acquisition of Yahoo

September 1, 2021, Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) has completed its $5B acquisition of Verizon Media, now known as Yahoo. The transition will complete before the end of 2021.

In the past 30 years, Yahoo has been the world’s third-largest property on the internet, plus leading digital advertising solutions provider, Yahoo owns 900 million monthly active users worldwide, in finance and sports, to shopping, gaming and news section etc.

With the acquisition with Apollo, we can foretaste the new growth of Yahoo – providing the even-better marketing solutions with iconic consumer news holding by Apollo, precisely connecting to users’ passions with excellent media content, immersive experiences and media commerce thus benefiting both consumers and advertisers.

Hong Kong is one of the core markets of Yahoo. According to the Yahoo data, Yahoo HK reaches over 5 million monthly users (79% penetration in Hong Kong). As the GOLD reseller of Yahoo! HK since 2006, we will keep connecting with Yahoo team closely to come across the new journey, hence, assist our clients to achieve excellent performance and amplify growth.

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Apollo Funds Completed the Acquisition of Yahoo