Yahoo Selling 1.4 Stake In Alibaba’s Website For $150 Million; Stake In Parent Company Unaffected

Web 2.0 News TipA Click on the title above takes you to the original page of this article!
Sep 14, 2009 No Comments paidContent 2 Shares

Now that restrictions related to the sale of Alibaba’s stock have been lifted, Yahoo (NSDQ: YHOO) is unloading its 1.4 percent stake in China e-commerce site Alibaba.com for $150 million, WSJ reported. The sale in the site is separate from the roughly 40 percent stake Yahoo holds in its parent, The Alibaba Group, which is therefore not affected…

China, E-Commerce, YAHOO, paidContent
admin

About the author

The author didnt add any Information to his profile yet
No Responses to “Yahoo Selling 1.4 Stake In Alibaba’s Website For $150 Million; Stake In Parent Company Unaffected”

Leave a Reply

Array ( ) Array ( [0] => Array ( ) [1] => Array ( ) [2] => Array ( ) )


On 25th of May, Apple passed Microsoft, for the first time, as the “world’s most valuable technology company” . Apple gained a stock-based…


Social Shares of This Story