Yahoo will pay $1 billion for 40 percent of Chinese Web auctioneer Alibaba.com, taking on eBay and search firm Baidu.com as it extends its reach in the world's second-biggest Internet market. The ...
Yahoo and Alibaba Group said they "are engaged in and committed to productive negotiations" to resolve a dust-up over Alipay, a unit that was moved to another investment vehicle. In a statement, Yahoo ...
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 ...
With Alibaba's IPO making big winners of the Chinese e-commerce giant and Japan-based stakeholder SoftBank, what are the odds that one of them buys Yahoo? Richard Nieva was a senior reporter for CNET ...
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 ...
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