Seen that? - Ali Baba and the Forty Thieves Is Not a Fable in China

Filed in archive Best of on February 24, 2010

Ali Baba and the Forty Thieves Is Not a Fable in China China Venture News

Yahoo has confirmed the rumors we had mentioned here as well: "Everyone's talking but no one's listening. Yahoo's 1 billion dollar 40 percent stake in Alibaba, China's largest e-commerce firm does not illustrate that a Net bubble is back, but it does give new meaning to the title character, Ali Baba from the Arabian Nights, who accesses treasure from a magical password." [...] Read More


Yahoo to invest in Alibaba.com? TJ's Weblog

Forbes has rumors about a possible investment from Yahoo into alibaba.com: "SHANGHAI - Web media company Yahoo! is in advanced talks to purchase an approximately 35% stake in China's biggest homegrown e-commerce company for almost $1 billion, in what would be the biggest investment by a foreign company in China's Internet industry to date, sources close to the negotiations said. Yahoo! (nasdaq: YHOO - news - people ) would be gaining one [...] Read More