SAN FRANCISCO (AP) — Yahoo is scrapping its original plan to spin off its prized stake in China's Alibaba Group and will instead explore an alternative breakup that could make it easier to eventually ...
Yahoo CEO Marissa Mayer is spinning off the company's prized stake in China's Alibaba Group Holding in a move that will enable Yahoo to avoid paying billions of dollars in future taxes. A newly formed ...
Yahoo confirmed Wednesday that it will not pursue a planned spin-off of its stake in Alibaba and will instead look into the reverse: spinning off its core business and Yahoo Japan shares. The decision ...
Alibaba, the Chinese e-commerce giant and Amazon rival, is seeking a loan of as much as $4 billion from at least eight banks, which it will use to fund its expansion plans including acquisitions and a ...
Alibaba, Yahoo and Softbank said they have settled a financial squabble over Alipay, a payment system in China. The companies have dueled over disclosure and legality of Alibaba's move to spin off ...
HONG KONG (Reuters) - Shares in China's leading e-commerce firm Alibaba.com slid 6 percent on Monday after Microsoft Corp dropped a bid for Yahoo, Alibaba's key investor. Yahoo owns 39 percent of ...
Yahoo is changing course in its efforts to sell shares in another company. The tech giant's goal is to avoid a big tax bill. Yahoo has a 15 percent stake in the Chinese e-commerce giant Alibaba. Yahoo ...
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 (NASDAQ:YHOO) and its Asian partners have reportedly shelved talks over a tax-free spinoff of Alibaba and Yahoo Japan that would have saved the struggling Internet company over $4 billion in U.S ...
The deal between the internet giant and the Chinese company includes an IPO for the latter. By THR Staff Yahoo Logo - H 2011 Yahoo is getting ready to sell half of its 40 percent stake in the Chinese ...