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Yahoo is owned by Verizon for $4.8 billion officially stated by its CEO

Internet giant yahoo is known for its immense of services from the beginning era of internet.it has around 1 billion users and 26 sub firms few of  them are listed below.once upon a time it was estimated to have worth $125 billion and even in a stage to buy google and facebook.

List of  popular Yahoo services
  •            Yahoo mail
  •            Yahoo messenger
  •            Yahoo news
  •            Yahoo answers
  •            Yahoo Finance
  •            Yahoo Cricket
  •            Yahoo Group
  •             Flickr          
However it failed to  compete with the advancement of  services like facebook messenger and google search  engine.Those factors lowered the market of the company and finally Verizon to take up the yahoo's operating business for a worth of $4.83 billion.
Official statement by CEO: 

          Its CEO, Marissa Mayer  addresses the company employees and user through email .She had posted the same content via twitter and her blog below is the link mentioned
          Link:Marissa's Email


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