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Marissa Mayer Says Yahoo is Undervalued

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Marissa Mayer Says Yahoo is Undervalued

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NEW YORK, NY - MAY 20: Yahoo! CEO Marissa Mayer speaks at a news conference following the company's acquisition of Tumblr at a press conference in Times Square on May 20, 2013 in New York City. The internet giant Yahoo! purchased the blogging site Tumblr for $1.1 billion. The company also announced a sleek new redesign of its Flickr photo service. (Photo by Mario Tama/Getty Images)

Yahoo chief executive Marissa Mayer said Yahoo is an undervalued company at the TechCrunch Disrupt conference Tuesday in New York City, according to reportrs.

TechCrunch emcee Michael Arrington asked she agreed with the analysis that Yahoo is actually worth nothing, according to TechCrunch. Understandably, Mayer disagreed by saying that  it wasn't true and that the company was operating much more robustly than in the past.

Yahoo has a $26 billion stake in China's Alibaba, and that value could be higher depending on Alibaba's initial public offering. Yahoo's Yahoo Japan is worth $6 billion and Yahoo's total market cap is $34.4 billion.

With 430 million mobile monthly active users, Yahoo has also produced a rise in revenue which may also stem some talking about the company's real value. Mayer said that Yahoo is on the upswing, and if that's the case it could be that the company is undervalued -- but for now, Yahoo's shares went down 6 percent in trading.
 
 
 
 

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