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 ...
Yahoo and Alibaba Group said they "are engaged in and committed to productive negotiations" to resolve a dust-up over Alipay, a unit that was moved to another investment vehicle. In a statement, Yahoo ...
Yahoo has agreed to sell back half of its stake in Chinese e-commerce site Alibaba in a $7.6 billion deal, the two companies announced today. We knew the two firms had been close to finalizing the ...
NEW YORK (Reuters) - Alibaba Group stands to get up to $6 billion (3.6 billion pounds) in a spinoff of its Alipay e-payment division under a long-awaited deal the Chinese company struck with partners ...
Alibaba.com Ltd. CEO Jack Ma said Saturday that no matter what happens to major shareholder Yahoo Inc., the China-based e-commerce company will retain its independence. “As to the sale [of Yahoo], I ...
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