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Showing posts with label Alibaba Group. Show all posts
Showing posts with label Alibaba Group. Show all posts

5/25/11

Sources: Yahoo Spurned New Offer By Jack Ma For Part of Alibaba Stake?

11:37 PM admin No comments

Image representing Yahoo! as depicted in Crunc...Image via CrunchBase
Yahoo early this year turned down a $3.5 billion offer led by Jack Ma for a 15% stake in Alibaba Group, according to two sources familiar with the matter, one of whom said Yahoo solicited the offer in the first place.
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