Showing posts with label Alibaba. Show all posts
Showing posts with label Alibaba. Show all posts

Thursday, January 9, 2014

Tuesday, September 18, 2012

China's Alibaba reduces Yahoo's ownership

China's Alibaba buys back half of Yahoo's stake

(Reuters) - China's Alibaba Group said it bought back half the stake Yahoo Inc owned in the company for about $7.6 billion, moving closer to an initial public offering.