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SAN FRANCISCO (Reuters) - Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd , responding to pressure to hand over to shareholders its prized e-commerce investment ...
Yahoo will buy 10 percent of a share sale by Alibaba.com, China's biggest e-commerce firm, as it steps up a battle with Google and Baidu in the world's second-biggest Internet market. The U.S. Web ...
SHANGHAI/NEW YORK (Reuters) - Yahoo Inc will sell as much as half of its 40 percent stake in Chinese e-commerce powerhouse Alibaba Group for $7.1 billion (4.48 billion pounds), ending years of ...