NEW YORK (Reuters) - Yahoo Inc has resolved a dispute with partner Alibaba Group over the Chinese company's transfer of its prized online payments unit to its CEO Jack Ma, two sources close to 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 ...
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 ...
Amidst a lower quarterly earnings report, Yahoo unveils a plan to spin off tax-free its nearly $40 billion of holdings in Alibaba Group Holding Ltd. Investors have been eager to hear Yahoo’s plans to ...
Even as Yahoo looks for a successor to fired CEO Carol Bartz, the ailing search prince may be looking to shed more corporate assets: Alibaba Group and Yahoo Japan. According to several news reports, ...