Company type | Joint venture |
---|---|
Industry | Media |
Founded | December 2006 |
Headquarters | Auckland, New Zealand |
Area served | Yahoo!7 and Telecom New Zealand |
Services | Internet portal |
Number of employees | 30+ in Auckland 10 in Sydney |
Website | nz.yahoo.com |
Type of site | Internet portal |
---|---|
Owner | Telecom New Zealand and Yahoo!7 |
URL | http://nz.yahoo.com/ |
Registration | Optional |
Launched | March 2007 |
Yahoo!Xtra was a New Zealand web portal that existed under that name from 2007 to 2011. It was a joint venture between Yahoo!7 and Telecom New Zealand (now Spark). Yahoo!7 held a 51 percent stake in the company and Telecom NZ held 49 percent. Because Yahoo!7 is a 50/50 venture, Yahoo! proper was therefore a 25.5% owner of Yahoo!Xtra. Telecom announced in April 2011 that it had sold its share to Yahoo!7 and Yahoo!Xtra was rebranded as Yahoo! New Zealand.[1][2]