It’s being fully covered here, but Yahoo buys $1 billion of Alibaba shares, gets 40 percent of the company and turns its China operations over to Alibaba. (The news release is here.) In an interview ...
Yahoo stock fell for a third day as signs of tension with Alibaba Group Holding Ltd. raised speculation it may benefit less from part ownership of China's largest e-commerce provider. Concerns ...
SHANGHAI/NEW YORK (Reuters) - Yahoo Inc will sell as much as half of its 40 percent stake in Chinese e-commerce powerhouse Alibaba Group for $7.1 billion (4.48 billion pounds), ending years of ...
SAN FRANCISCO (Reuters) - Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment ...
SAN FRANCISCO (AP) — Yahoo is making amends for years of blundering with one smart move: an early investment in Alibaba Group that has turned into a multibillion-dollar boon. The latest windfall came ...
Struggling US firm Yahoo has announced a deal to sell part of its stake in China's largest internet company, Alibaba Group. Alibaba is to buy back half of the 40% stake owned by Yahoo, following ...
Chinese Internet entrepreneur Jack Ma’s Alibaba Group is buying back up to half of Yahoo Inc’s 40 percent stake for $7.1 billion in a deal that moves the Chinese e-commerce leader closer to a public ...
Shares in struggling search engine giant Yahoo increased on reports that China's Alibaba Group was preparing a takeover move backed by private equity firms. Yahoo's share price ended trading yesterday ...
Alibaba Group said it has not decided to be part of a bid for the whole of Yahoo, countering reports that the Chinese company is in talks with private equity firms to make such a bid. Alibaba and ...
SAN FRANCISCO — Yahoo has completed a long-awaited $7.6 billion deal with China's Alibaba Group, generating a windfall that could help ease the pain of Yahoo shareholders who have endured the ...
Alibaba.com Ltd. CEO Jack Ma said Saturday that no matter what happens to major shareholder Yahoo Inc., the China-based e-commerce company will retain its independence. “As to the sale [of Yahoo], I ...
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