Yahoo completes its planned exit from South Korea


True to its word, Yahoo has pulled out of the South Korean market by the end of 2012, as noted by the Yonhap News Agency. A notice on the company’s site provides detailed instructions to users on when exactly all of its services will go dark, with most of them shutting off today.

Yahoo announced its plans to pull out of the country back in October. The Internet giant is in the midst of reinventing itself with former Google executive Marissa Mayer at its helm. The move is expected to cost Yahoo as much as $94 million and will result in the loss of 200 jobs.


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