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 ...
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 ...
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 ...
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.
Alibaba Group has reached an agreement with Yahoo and Softbank over Alipay, the payment platform behind China’s largest e-commerce market, Taobao. Alipay had become a bone of contention between ...