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That's where the internet race really is," Hersman said.
Throughout its early struggles, when it was an underdog in the Internet race, AOL routinely harrumphed that Microsoft illegally leveraged its dominant Windows operating system to gain an unfair advantage as an online service provider.
This deal suggests that Alibaba has picked its 'horse' in Russia's internet race, much the same way that it has repeatedly backed Paytm — the company offering payments, e-commerce and digital banking — in India with funding and integrations.
Alibaba looks to have picked its horse in Russia's internet race: Mail.ru [Image via KIRILL KUDRYAVTSEV/AFP/Getty Images]The strategy, it seems, is to pair Mail.ru's consumer services with AliExpress, Alibaba's international e-commerce marketplace.
Yahoo's business, which includes its legacy search business, a number of content sites such as its finance and news portals, an email service and a number of mobile apps, was once an industry leader, but in more recent years has fallen behind the likes of Google and others in the internet race.
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She scours the Internet and race calendars and talks to runners at races to find out about coming events.
[World Business, Section W.] The Internet Book Race Those Amazon rankings aren't just for authors' egos.
Popular but unprofitable has become a common refrain on Wall Street, as more and more young Internet companies race to the public markets.
We're living in the time of a TV on the internet arms race, and Amazon signing Woody Allen is like a nuclear blast across the other network's bows.
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