Yahoo’s stake in Tyroo.

Ξ July 22nd, 2007 | → 0 Comments | ∇ News |

While most of the Indian IT giants have reported splendid resullts for the first quarter,Yahoo’s first quarter financial results are not on expected lines. Brushing it aside, Yahoo bought a big chunck in Indian internet advertising company Tyroo Media.

Yahoo has grabbed a 35 to 50 per cent stake in the Guragaon-based Tyroo, which runs a small business-centric ad network spanning roughly 1,200 sites, IDG News Service reports.

Tyroo is a pay per click advertising website.

Source:http://www.seroundtable.com/archives/014216.html