The Deal
Wednesday, November 19, 
12:32 pm


[Posted on July 30, 2007 - 3:37 PM]

Much of the news surrounding Yahoo! Inc. of late has not been very flattering. Its recent management shakeup that saw Terry Semel replaced by Jerry Yang has done little to appease an increasingly frustrated shareholder base, and its recent earnings report provided little solace as well. But news that Chinese e-commerce Web site Alibaba.com Corp. is moving closer to an initial public offering on the Hong Kong stock exchange is good news for Yahoo!. With a 40% stake in Alibaba, Yahoo! stands to gain when the company does list on the public market. Yahoo! turned over its Chinese operations to Alibaba in 2005 and invested $1 billion in the company for its minority stake. —David Shabelman

See BusinessWeek article
See July 18 Tech Confidential blog
See Aug. 12, 2005, story from TheDeal.com

Tags: , ,

Post a comment
Search


The Tech Confidential Network
The Tech Confidential Network unites the leading voices from around the Internet on the topics of high-tech startups, venture capital and investment exits. Bloggers and publishers that want to expand their readership and monetize their content are encouraged to apply to join the Tech Confidential Network.


Video

Behind The Money: Article One Partners brings crowdsourcing to patent validation

milone200.gif
Article One Partners' Cheryl Milone on the startup and protecting intellectual property.
 




Windward Ho!

Startups In New York




Syndicate


Fast Search


Categories
Monthly Archives

©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.
Sponsored by