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"It could be a negotiating ploy by either side, or it really could be a breakdown in negotiations," said Gabelli's Harriss, noting friction in the relationship between Yahoo and Alibaba. Alibaba founder Jack Ma has tried to buy back the 40 percent of...
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That’s quite a turnaround from just a few weeks ago. Then, the expected $17 billion deal with Alibaba and Softbank was supposed to re-energize Yahoo! The talks with Alibaba Group, led by CEO Jack Ma, and Softbank, a partner in Yahoo! Japan, derailed...
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Hundreds of sellers from China's largest consumer-to-consumer e-commerce platform, Taobao, stage a protest outside the firm's offices in Hangzhou, east China's Zhejiang province on November 23, 2011, calling for the abolition of the website's feedback... View Photo »
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February 2012 Last updated at 23:15 ET Alibaba's founder Jack Ma has been trying to buy back its stake from Yahoo for some time Shares of Yahoo Japan fell 5% on the Tokyo Stock Exchange on reports that talks regarding the swap of Yahoo's Asian assets...
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"It could be a negotiating ploy by either side, or it really could be a breakdown in negotiations," said Gabelli's Harriss, noting that there was a fair amount of friction in the relationship between Yahoo and Alibaba. Alibaba founder Jack Ma has tried...
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Hedge funds run by George Soros and David Einhorn took big stakes in Yahoo in recent months, according to regulatory disclosures filed on Tuesday. Mr. Loeb’s fund also increased its stake in the company, to 5.56 percent from 5.15 Yahoo and Alibaba,...
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Jack Ma, head of Chinese Internet giant Alibaba, delivers a speech at his company's annual gathering of entrepreneurs in Hangzhou, in eastern China's Zhejiang province on September 10, 2011. Ma gave no hint of the future of Yahoo!'s stake in his firm... View Photo »
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The company also controls the Taobao Mall, an online retail site, and Taobao Marketplace, an online bartering community. But, for as much as Alibaba.com would be good for Yahoo, Yahoo would also be good for Alibaba.com, and Alibaba founder Jack Ma has...
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Yahoo hired both Goldman Sachs and Allen & Co. for advice, which calls for Yahoo to spin off these investments into tax-free vehicles. Earlier, Alibaba Group Chairman Jack Ma said he might bid for the whole of Yahoo and had tried to secure financing...
About Jack Ma
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Reuters Pictures
Chairman and Chief Executive of Alibaba Group Jack Ma delivers a speech at the 8th Netrepreneur Summit in Hangzhou, Zhejiang province September 10, 2011. China's Alibaba Group aims for 1 trillion yuan ($157 billion) in transaction volume next year on its Taobao platform, Ma said on...
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AP Photo
A model presents a creation of Hong Kong student of fashion design Jack Ma during the Hong Kong Fashion Week for Spring/Summer 2012 in Hong Kong, Monday, July 4, 2011. Hong Kong Fashion Week attracts more than 1,700 exhibitors participating in the four-day event.
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Getty Images
Hundreds of sellers from China's largest consumer-to-consumer e-commerce platform, Taobao, stage a protest outside the firm's offices in Hangzhou, east China's Zhejiang province on November 23, 2011, calling for the abolition of the website's feedback system. Taobao, a unit of Alibaba...
View Photo »
Reuters Pictures
Chairman and Chief Executive of Alibaba Group Jack Ma delivers a speech at the 8th Netrepreneur Summit in Hangzhou, Zhejiang province September 10, 2011. China's Alibaba Group aims for 1 trillion yuan ($157 billion) in transaction volume next year on its Taobao platform, Ma said on...
View Photo »
