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 ...
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 ...
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 ...
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 ...
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 ...