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Alibaba
Yahoo sells half of Alibaba stake back to company
Mon, 2012-05-21 10:23 - By
Yahoo has announced that it will sell half of its Alibaba stake back to the Chinese e-commerce giant. The company will sell half of its 40% stake on a valuation of approximately $35 billion. Yahoo stated that the payment would be least $6.3 billion in cash, with around $800 million in freshly issued Alibaba stock. The deal also stipulates that when an initial IPO is made for Alibaba in the future, the company will be required to repurchase a quarter of Yahoo's current stake, or allow Yahoo to sell those shares in the IPO.
Jerry Yang Resigns from Yahoo!
Wed, 2012-01-18 15:27 - By
Yahoo have announced that co-founder Jerry Yang has resigned from its board of directors and is also resigning all other positions within the company including Yahoo Japan and Alibaba. “My time at Yahoo!, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life,” Yang wrote in a letter to chairman Roy Bostock.
Google may provide finances to Yahoo! bidders to preserve Yahoo! as a rival and bolster competition
Sun, 2011-10-23 16:38 - By
According to a Bloomberg report, Google, which is under regulatory scrutiny from governments around the world, may be providing financing opportunities for companies bidding on acquiring Yahoo! following the company’s serious consideration of weighing its strategic options. According to Opus Research, Google’s financial support aims at preserving Yahoo! as a rival and bolstering competition in the Internet industry.
Yahoo! explores strategic options, and not necessarily up for sale
Sun, 2011-10-23 03:29 - By
According to AdAge, Yahoo!’s co-founder Jerry Yang has said that Yahoo’s ‘sale’, which is now valuated at $20 billion, is only an option, and that it is not necessarily up for sale. Speaking at the All Things Digital Asia conference in Hong Kong, Yang stated that the U.S. internet company has plenty of options and its board is excited about the ongoing review.
Microsoft considering bid for Yahoo!
Mon, 2011-10-10 10:02 - By
Digital Media, Media Business, Media, Alibaba, Allen & Co, AOL, Goldman Sachs, Microsoft, Microsoft Corp, Reuters, Yahoo!
According to Reuters, Microsoft Corp is considering a bid for Yahoo! Inc., which has a market value of about $20 billion and is readying financial pitch books for potential buyers. One camp inside Microsoft is hot for the deal, believing that it would create a strong Web portal that can offer better products to audiences, advertisers and end users.
Alibaba’s chairman expresses interest in buying Yahoo!
Mon, 2011-10-03 14:14 - By
Digital Media, Media Business, Media, Alibaba, Alibaba Group Holding, Bloomberg, Brett Harris, Gabelli & Co., Jack Ma, Stanford University, Yahoo!, Yahoo! Inc.
Speaking at an event at Stanford University in California, Alibaba Group Holding’s Chairman, Jack Ma, has expressed his interest in buying Yahoo! Inc., adding that he already had discussions with Yahoo! over the subject, according to Bloomberg. Ma’s existing relationship with Yahoo!, which already owns 40% of Alibaba, may give him an advantage in putting a deal together, according to Brett Harris, an analyst at Gabelli & Co.
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