"SAN FRANCISCO (MarketWatch) -- Yahoo Inc.'s (YHOO :26.96, -0.46, -1.7% ) said Tuesday that sales to companies based outside the U.S. grew at a rate slightly more than three times than the U.S.-based sales, the company said late Tuesday. Yahoo's overseas sales between October and December rose 25%, compared to the 8% growth from U.S.-based sales. The figures illustrate the growing importance of overseas markets to Yahoo and other Internet companies, and the slowing growth of the U.S. market."
Yahoo has overseas sales growing more then 3 times then its US market.
Yep....Hills sold off ALL of LOOK's overseas interests for how much???
$800k!!!!
LOOK because of its current CEO has NO international footprint.
With Yahoo showing slowing sales in the US does not auger well for a minnow such as LOOK.
As with any slowdown the competition gets even harder and LOOK will again be pressured by the likes of Yahoo,MSN,Google and even other new startups in the sector.
LOK Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
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