Yahoo has announced plans for a tax-free spinoff of its stake in Chinese internet giant Alibaba, splitting off the valuable holdings from its core operations. The move aims to deliver more cash for ...
It’s being fully covered here, but Yahoo buys $1 billion of Alibaba shares, gets 40 percent of the company and turns its China operations over to Alibaba. (The news release is here.) In an interview ...
Yahoo and Alibaba Group said they "are engaged in and committed to productive negotiations" to resolve a dust-up over Alipay, a unit that was moved to another investment vehicle. In a statement, Yahoo ...
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 ...
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 ...
In a meeting with analysts on Wednesday Yahoo Inc. executives defended their handling of Alibaba Group controversy related to the change of ownership of Alipay. Dan Gallagher reports.
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 ...
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 ...
Chinese e-commerce company Alibaba has expressed strong interest in acquiring Internet company Yahoo but points out that negotiations are hitting snags over political issues. Other parties are also ...
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