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In the closing of the recent trading day, Alibaba (BABA) stood at $108.22, denoting a +1.41% move from the preceding trading day.
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The latest trading day saw Alibaba (BABA) settling at $81.68, representing a +1.42% change from its previous close.
Yahoo's investment in Alibaba nine years ago is about to pay off to the tune of $8 billion if the company's IPO estimates turn out to be correct.
Alibaba (BABA) introduces a suite of advanced business-to-business sourcing tools designed for uplifting small businesses.
Yahoo announced plans to avoid paying taxes on its $40 billion stake in Alibaba by spinning off shares into its own company, SpinCo.
Yahoo and Alibaba had a common shareholder: SoftBank owned 42 percent of Yahoo and 27 percent of Alibaba. Another positive was good chemistry.
Though the Internet group Yahoo! is changing its plans for its future and for its Alibaba stake, the board did not decide to sell the core advertising and search business.
Confirming the fears posed by shareholders more than a year ago, Yahoo! YHOO announced this morning that it won't spin-off of its stake in Alibaba BABA due to the potential tax hits.
One of Yahoo’s best decisions was investing in a large chunk of Chinese e-commerce company Alibaba before it went public last year. Alibaba broke records with its initial public offering, and ...
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