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NEW YORK — Yahoo Inc. and Alibaba Group released a joint statement Sunday saying they are “engaged in and committed to productive negotiations,” giving few details but aiming to present a united front ...
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 ...
SAN FRANCISCO (AP) — Yahoo is making amends for years of blundering with one smart move: an early investment in Alibaba Group that has turned into a multibillion-dollar boon. The latest windfall came ...
Struggling US firm Yahoo has announced a deal to sell part of its stake in China's largest internet company, Alibaba Group. Alibaba is to buy back half of the 40% stake owned by Yahoo, following ...
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 ...