Yahoo investing $1 billion in Alibaba.com

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  • strangerrr
    Junior Member
    • Sep 2004
    • 7

    Yahoo investing $1 billion in Alibaba.com

    Yahoo investing $1 billion in Alibaba.com
    AUG. 11 2:45 A.M. ET Yahoo Inc. announced Thursday it would pay $1 billion in cash to acquire a 40 percent stake in the Chinese e-commerce firm Alibaba.com.
  • megri
    Administrator
    • Mar 2004
    • 786

    #2
    It also include partnership of 3721.com and I could not understand why yahoo will have 35% voting whereas it has invested 40 %
    Parveen K - Forum Administrator
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