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Yahoo China on Tuesday launched a new blogging and networking service, in a move aimed at diversifying its revenue streams as it steps up expansion in the world's second-largest Web market by subscriber numbers.
The Yahoo Space (i.yahoo.com.cn and club.yahoo.com.cn) service includes blogging, photo gallery, online networking and other interactive functions for Yahoo users, Yahoo China said in a statement in response to a Reuters enquiry.
Yahoo China Announces Blog & Networking Service [news.yahoo.com]
Is it too late for Yahoo China in this market, or is there still a lot of room to grow?
There are many pure play blog services as well, too many. A consolidation may be in order in time to come. I'm quite sure Yahoo has a high chance of being around after that.