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 ...
HONG KONG — Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the ...
SAN FRANCISCO (Reuters) - Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment ...
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 ...
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 ...