NEW YORK — Yahoo Inc. and Alibaba Group released a joint statement Sunday saying they are “engaged in and committed to productive negotiations,” giving few details but aiming to present a united front ...
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 ...
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 ...
Yahoo has agreed to sell back half of its stake in Chinese e-commerce site Alibaba in a $7.6 billion deal, the two companies announced today. We knew the two firms had been close to finalizing the ...
Chairman and Chief Executive of Alibaba Group Jack Ma delivers a speech at the 8th Netrepreneur Summit in Hangzhou, Zhejiang province September 10, 2011. REUTERS The world's largest online business-to ...
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 ...
When Marissa Mayer assumed command of Yahoo! two months ago, the purple-hued Internet pioneer was in deep trouble. The company had experienced a years-long slide from its former glory as onetime rival ...
NEW YORK (Reuters) - Yahoo Inc has resolved a dispute with partner Alibaba Group over the Chinese company's transfer of its prized online payments unit to its CEO Jack Ma, two sources close to the ...
Investors hoping to make a killing when Alibaba debuts its IPO should keep a few finer details in mind. The Intelligent Investor columnist Jason Zweig discusses on the News Hub with Sara Murray.
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 ...
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 ...