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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 ...
It’s being fully covered here, but Yahoo buys $1 billion of Alibaba shares, gets 40 percent of the company and turns its China operations over to Alibaba. (The news release is here.) In an ...
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.
Yahoo and Alibaba said the negotiations over the Alipay spinoff were underway because neither side looks good in this one. Alipay, China's largest online payment network, is worth billions of dollars.
The latest windfall came with Alibaba’s record-setting IPO completed late Thursday, in which the Chinese e-commerce giant raised $25 billion. Alibaba’s shares began trading for the first time ...
Yahoo Inc.’s issues with Alibaba Group Holding Ltd. over the ownership of the Alipay online payments provider have yet to be resolved, though the companies are making progress, they announced June 22.
Yahoo has agreed to sell back half of its stake in Chinese e-commerce site Alibaba, in a $7.6 billion deal.
Yahoo will pay $1 billion for 40 percent of Chinese Web auctioneer Alibaba.com, taking on eBay and search firm Baidu.com as it extends its reach in the world's second-biggest Internet market. The ...
Yahoo Inc will sell as much as half of its 40 percent stake in Chinese e-commerce powerhouse Alibaba Group for $7.1 billion (4.48 billion pounds), ending years of fractious talks over how to ...
Yahoo will earn around $7.1bn (£4.5bn) from the deal, comprised of at least $6.3 billion in cash and up to $800 million in newly-issued Alibaba preferred stock.
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 ...
Yahoo unveiled plans for a tax-free spinoff of its remaining holdings in Chinese e-commerce giant Alibaba as the company also reported declines in fourth-quarter earnings and revenue.