NEW YORK, May 20 (Reuters) - Yahoo Inc is nearing a deal on Sunday to sell part of its stake in Alibaba Group back to the Chinese company for $7.1 billion, according to a source familiar with the ...
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 ...
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 ...
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 ...
SHANGHAI (Reuters) - Yahoo Inc and Alibaba Group will find it difficult to resolve their feud over the Chinese company's transfer of a major Internet asset, raising questions over how long its ...
Yahoo has no direct presence in China after selling Yahoo China to Alibaba for a 40 per cent stake in Alibaba Group in 2005. The Hangzhou-based Alibaba Group owns B2B website Alibaba.com and B2C ...
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