News tagged with alibaba

Yahoo China to end email service

Yahoo's China arm will shut down its email service later this year, state media reported Friday, in a move illustrating the brand's diminishing profile in the country.

Apr 19, 2013
5 / 5 (2) 0

Yahoo CEO mulling possible changes in strategy

(AP) — Recently hired Yahoo CEO Marissa Mayer may scrap the Internet company's plan to reward its long-tormented shareholders with a multibillion-dollar payout later this year, underscoring the uncertainty accompanying ...

Aug 09, 2012
not rated yet 0

China's Alibaba says zero tolerance on graft

Top Chinese e-commerce operator Alibaba said Friday it would not tolerate corruption, after a senior manager was detained on suspicion of taking bribes in the latest graft scandal to hit the company.

Jul 06, 2012
not rated yet 2

Alibaba.com $2.5B privatization bid approved

(AP) -- Chinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's ...

May 25, 2012
not rated yet 0

China fund may help Alibaba in Yahoo! bid: report

China Investment Corporation is in advanced talks to add up to $2 billion to the Alibaba Internet Group's efforts to buy back a stake from struggling Internet pioneer Yahoo!, the New York Times reported.

May 25, 2012
1 / 5 (1) 1

Yahoo! stock climbs on report of Alibaba sale

Yahoo! stock price climbed Friday on renewed rumors that it was close to a multibillion-dollar deal to sell half of its stake in Alibaba.com back to the Chinese online shopping portal.

May 18, 2012
5 / 5 (1) 1

Alibaba.com shares surge on privatization bid

(AP) -- Shares of Alibaba.com rocketed on Wednesday after the Chinese e-commerce site said its parent company made a $2.5 billion privatization bid as part of a shift in business strategy that also includes plans to buy ...

Feb 22, 2012
not rated yet 0