Look for Jack Ma’s Alibaba to become part of the Microsoft-Yahoo discussions due to Yahoo’s sizable stake in the company.
Yahoo To Jump On Alibaba IPO
When Alibaba holds its IPO, Yahoo will be first in line, and the search engine company will reportedly have enough cash in hand to buy 10 percent of the available shares.
Alibaba May IPO
The Alibaba Group, which took over Yahoo China in 2005, is now preparing to hold an IPO on the Hong Kong stock market. Other details, such as “when” and “how much,” remain largely unknown.
Alibaba IPO Could Help Yahoo China
Yahoo owns 40 percent of the Alibaba Group, and some onlookers feel that tie is the only thing keeping Yahoo afloat in Asia. But as rumors circulate that Alibaba will undergo an IPO, floating could turn into flying.
Alibaba Makes $750 Millions Vanish
The owner of Yahoo China spent three-fourths of the $1 billion it received from Yahoo last summer on research & development and other projects.
Alibaba Wishes To Make Google Disappear
Now that it has absorbed Yahoo China, Jack Ma’s Alibaba wants to be the top search site in China and render the whole Google versus Microsoft fight over China moot.