Oct 02 2011
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Alibaba Buying Yahoo?
In case you aren’t familiar with Alibaba they are the Hong Kong based company who made history in 2007 with the second largest internet based IPO of, I believe it was $1.7billion, only surpassed by Google’s IPO at the time.
That said, Jack Ma’s amazing vision is now, realistically, positioned well to consummate just such a purchase.
Amplify’d from www.bloomberg.com
Alibaba’s Ma ‘Very Interested’ in Buying Yahoo
Ma said he’s had discussions with Yahoo, as well as other potential buyers, without identifying them. The executive, whose company is 40 percent owned by Yahoo, spoke at an event at Stanford University near Palo Alto, California.
Jack Ma, chairman of Alibaba Group Holding Ltd. Photographer: David Paul Morris/Bloomberg
See this Amp at http://amplify.com/u/a1e09y
