Wednesday, April 05, 2006

Yahoo Anticipates Significant Growth In SEA Internet Users

Had been a bit busy this week to do anything much on my SBI! site. But came across an interesting news article about Yahoo! in South East Asia and the encouraging trend of Internet users in this part of the wood as follows:


KUALA LUMPUR, April 5 (Bernama) -- The number of worldwide Internet users is expected to reach two billion in 2011, a 100 percent increase from over the one billion users recorded at the end of 2005, says Computer Industry Almanac (Jan 2006).

With this in view, global internet company, Yahoo Inc., is anticipating a significant growth in Internet users from Southeast Asia as local governments continue to encourage information and communication technology adoption for its citizens.

Yahoo's managing director, Southeast Asia, Reza Behnam said Southeast Asia was a vibrant community with 65 percent of its internet users using the Yahoo services.

"The region is very important and Yahoo aims to build an engaged audience for long term," he told a media briefing here, Wednesday.

He added that Malaysia and Singapore led Southeast Asia in terms of infrastructure and usage of internet plus a higher number of major advertisers and marketers investing online.

Behnam said some of the new features awaiting local yahoo users this year were the Malaysia FIFA World Cup 2006, Yahoo 360 - a yahoo community product, Yahoo! Travel, all new Yahoo e-mail service, answer service and Yahoo Messenger inter-operatibility with MSN Messenger.

The company will also launch Yahoo! Go for Mobile in Malaysia.

The new service is designed to let consumers take their favourite Internet content and services with them on mobile phones, Behnam said.

"Yahoo! Go integrates the power of Internet into consumers' mobile phone experiences by combining real time connectivity with access to their community, information and content services from across the web," he said.

Nokia and Yahoo have partnered to launch Yahoo! Go for Mobile to consumers in Malaysia, Indonesia, Philippines and Singapore.

Behnam said for the moment it was compatible with Nokia handphones but it had plans to expand to other mobile phone manufacturers in the future.

Yahoo provides services in more than 15 languages in over 20 countries worldwide and is one of the most trafficked internet destinations worldwide with average 3.4 billion page views per day.

It derives most of its revenue from advertising, and Malaysia leads the contribution from the Southeast Asia region, Behnam said.

Yahoo reported a US$5.258 billion (US$1.00=RM3.67) revenue for the year ended Dec 31, 2005, a 47 percent increase from the previous year.

Source:
BERNAMA

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