What Yahoo (NSDQ: YHOO) plans for its Asian assets has become a key question, as Yang recently hinted that the company could sell or spin them off to increase shareholder value. On the earnings call, the company was asked what value there has been to owning its various assets (Alibaba, Alibaba.com, Yahoo Japan, et. al)

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CFO Blake Jorgensen: “I don’t want to speculate on any potential transactions or spinouts that might have been mentioned in the press… we have examined various (options) in Asia.” In the meantime, they provide unique entryways into fast-growing markets. “Any alternative we have will have to be thought of in the context of trying to defer taxes as long as possible.”