Sunday, May 20, 2012

Yahoo! to sell stake in China's Alibaba for $7.1 billion - AFP


AFP

Yahoo! to sell stake in China's Alibaba for $7.1 billion
AFP
NEW YORK â€" After more than a year of tedious negotiations, struggling US Internet pioneer Yahoo! has agreed to sell its stake in Alibaba, China's top e-commerce player, for at least $7.1 billion, the companies announced. The transaction will be carried ...
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