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Yahoo in talks for Alibaba stake saleYahoo could be weeks away from selling 15 to 25 per cent of Alibaba Group's stock back to China's largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties' previous negotiations, said a sou More… |
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Alibaba hires US lobbying firm; eyes YahooAlibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo in the event that talks to unwind their Asian partnership fail. Japan More… |
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Yahoo to weigh deals for Asian assetsYahoo is considering a plan to unload most of its prized Asian assets in a complex deal valued at roughly $17 billion, sources familiar with the matter said Wednesday, winning nods of approval from Wall Street and driving its shares higher. More… |
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Yahoo CEO Bartz fired over the phoneYahoo Inc chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba. Chief financial officer Tim Morse will step in as interim CEO, and the More… |
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AliExpress.com, Western Union in new payment optionThe Western Union Company, a leader in global payment services, and Alibaba.com, a global leader in business-to-business e-commerce, today launched a new service that enables entrepreneurs to buy goods sold online via AliExpress.com and make cash More… |
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Alibaba.com launches new service for SMEsAlibaba.com, a business to business online marketplace, has announced the beta launch of Export-to-China, a new service aimed at helping entrepreneurs and small and medium-size enterprises (SMEs) sell directly to Chinese buyers. Expo More… |
