Brand Bytes: 5 coolest facts about YAHOO By Team PosiArc June 27, 2021 1 Comment Yahoo shares its name with a fictional race from the novel Gulliver’s Travels. Yahoo was originally called ‘Jerry and David’s guide to the World Wide Web’ Yahoo is an acronym. It stands for ‘Yet Another Hierarchical Officious Oracle’. How did Yahoo get that exclamation mark (‘!’) in its name? The founders added the exclamation mark at the end of Yahoo because the word ‘Yahoo’ was already owned by a company that made BBQ sauce. Yahoo invested $1 billion in Alibaba, one of China’s greatest startups at that time. The bet paid off spectacularly. Today, Yahoo holds a 15% stake in the Chinese retailing giant Alibaba, worth almost $32 billion. Read, Brand Bytes: 5 coolest facts about GOOGLE
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