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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 ...
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 ...
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 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.