Oct 11
5
Last week at Stanford University, Alibaba Group Chairman Jack Ma indicated that he is very interested in purchasing Yahoo. He said the following: “We are very interested in Yahoo because our Alibaba Group is so important to Yahoo, and Yahoo is also very important to us. There are so many people who are interested in that, and we are also talking to them.” In 2005, Yahoo purchased a 40% stake in the Alibaba Group, which is now China’s biggest e-commerce company, for $1 billion.
Original post:
Alibaba Group & Partners Considering Purchasing Yahoo