Report: Yahoo To Purchase 10 Percent Or $100M Of Alibaba IPO

According to various reports, Yahoo is going to buy either a 10 percent stake or $100 million worth of the forthcoming public offering of B2B site Alibaba.com on the Hong Kong exchange. The company already owns a significant minority stake (39 percent) of Alibaba Group, the parent of Alibaba.com. It would be buying a stake […]

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According to various reports, Yahoo is going to buy either a 10 percent stake or $100 million worth of the forthcoming public offering of B2B site Alibaba.com on the Hong Kong exchange. The company already owns a significant minority stake (39 percent) of Alibaba Group, the parent of Alibaba.com. It would be buying a stake directly in the B2B site. As Loren Baker explains, Yahoo doesn’t own its foreign sites, which are typically operated as joint ventures with local control.


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Greg Sterling
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Greg Sterling is a Contributing Editor to Search Engine Land, a member of the programming team for SMX events and the VP, Market Insights at Uberall.

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