Yahoo News: Yahoo Buying 10% of Alibaba IPO, Expanding its Role in China (Search Engine Journal)
Yahoo has announced that it plans to acquire 10% of the shares which are being offered by Alibaba.com in an IPO which is expected to raise $1 Billion. Yahoo already owns 40% of Alibaba, and Alibaba owns 100% of Yahoo China… which can get complicated. To make everything a bit more complicated, the company which owns [...]
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