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Yahoo may rethink use of cash from Alibaba deal
SAN FRANCISCO (Reuters) – Yahoo Inc startled investors by announcing that new Chief Executive Marissa Mayer may reconsider what it does with the cash it gets from a multi-billion dollar sale of half…
Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion
(Reuters) – Yahoo Inc said it is to sell up to half of its stake in Internet entrepreneur Jack Ma’s Alibaba Group back to the Chinese company for $ 7.1 billion, and hand most of the sale proceeds to…
Yahoo in talks to sell 15-25 percent of Alibaba: source
SAN FRANCISCO (Reuters) – Yahoo Inc could be weeks away from selling 15 to 25 percent of Alibaba Group’s stock back to China’s largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties’ previous negotiations, … Continue reading
Yahoo shows signs of life, Alibaba in the cards again
SAN FRANCISCO (Reuters) – Yahoo Inc reported an uptick in revenue that marked its first quarterly sales growth in three years, as new Chief Executive Scott Thompson outlined his plan to revamp the…
Exclusive: Alibaba plans to take Hong Kong unit private
HONG KONG (Reuters) – Chinese e-commerce company Alibaba Group plans to take its Hong Kong-listed unit private, two sources familiar with the matter said, and is working with Yahoo on an asset-swap deal that may result in Yahoo owning a … Continue reading
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Tagged Alibaba, exclusive, hong, kong, plans, private, take, unit
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