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Yahoo to sell back half the shares it owns in Alibaba, netting $7.1bn

Discussion in 'TechSpot News and Comments' started by Leeky, May 21, 2012.

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  1. Leeky TechSpot Moderator Posts: 4,344   +59

    After years of negotiations, US internet company Yahoo announced it has reached a deal to sell part of its stake in China's biggest internet company, Alibaba Group Holdings Ltd. The...

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    Leeky, May 21, 2012
    #1

  2. Puiu TechSpot Enthusiast Posts: 792   +20

    So they are selling the only business that yahoo actually expects to grow a lot in the near future? Do they really need the cash that badly? I do study economics and I just don't understand how yahoo does business.
    Puiu, May 21, 2012
    #2

  3. mosu TechSpot Enthusiast Posts: 244

    No1 does!
    mosu, May 21, 2012
    #3

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