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Article: ALIBABA GROUP SAID TO REPURCHASE ITS SHARES FROM YAHOO
- Article from:
- AsiaInfo Services
- Article date:
- July 22, 2008
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AsiaInfo Services
07-22-2008
Alibaba Group Said to Repurchase its Shares from Yahoo
HANGZHOU, Jul 22, 2008 (SinoCast via COMTEX) -- Alibaba Group, parent company of China's e-commerce bellwether Alibaba.com Ltd., (SEHK: 1688) is likely to buy back its shares held by Yahoo! Inc., together with some institutional investors, revealed sources recently.
Yahoo, which presently takes a 39% stake in Alibaba, informed its shareholders on July 17, 2008 in a letter that it would possibly spin off its Asia assets.
The Chinese e-commerce company has been seeking to reduce Yahoo's holdings in Alibaba since March 2008 to make its operation more flexible. On the other hand, ...
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Article: ALIBABA TO QUICKEN LISTING IN HONG KONG
AsiaInfo Services;
July 18, 2007 ;
231 words
...AsiaInfo Services 07-18-2007 Alibaba to Quicken Listing in Hong Kong HANGZHOU, Jul 18, 2007 (SinoCast via COMTEX) -- Alibaba Group is speeding up its listing pace. It has reportedly invited...Computers, Telecom and Information Technology Copyright 2007 AsiaInfo Services (via Comtex). ...
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