Yahoo investing $1 billion in Alibaba.com

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  • strangerrr
    Junior Member
    • Sep 2004
    • 7
    #1

    Yahoo investing $1 billion in Alibaba.com

    Yahoo investing $1 billion in Alibaba.com
    AUG. 11 2:45 A.M. ET Yahoo Inc. announced Thursday it would pay $1 billion in cash to acquire a 40 percent stake in the Chinese e-commerce firm Alibaba.com.
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    • megri
      Administrator

      • Mar 2004
      • 968
      #2
      It also include partnership of 3721.com and I could not understand why yahoo will have 35% voting whereas it has invested 40 %
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