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NEW YORK — Yahoo Inc. and Alibaba Group released a joint statement Sunday saying they are “engaged in and committed to productive negotiations,” giving few details but aiming to present a united front ...
Yahoo stock fell for a third day as signs of tension with Alibaba Group Holding Ltd. raised speculation it may benefit less from part ownership of China's largest e-commerce provider. Concerns ...
Yahoo has agreed to sell off about half of its stake in Alibaba Group back to the Chinese e-commerce giant as part of a US$7.1 billion deal, the two companies jointly announced on Monday. The sell off ...
Alibaba Group Holding Ltd. is near an agreement to buy back a 20 percent stake in itself from Yahoo! Inc. for about $7 billion, said a person with knowledge of the matter. The purchase may pave the ...
Alibaba.com Ltd. CEO Jack Ma said Saturday that no matter what happens to major shareholder Yahoo Inc., the China-based e-commerce company will retain its independence. “As to the sale [of Yahoo], I ...
Shares in struggling search engine giant Yahoo increased on reports that China's Alibaba Group was preparing a takeover move backed by private equity firms. Yahoo's share price ended trading yesterday ...