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Yahoo cashes out of Alibaba.com investment; sale expected to produce $150 million windfall

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana

Yahoo cashes out of Alibaba.com investment; sale expected to produce $150 million windfall

Posted: Sep 14, 2009 8:26 PM

This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Yahoo cashes out of Alibaba.com investment; sale expected to produce $150 million windfall Feed Title: Simple Thoughts - Java and Web Technology Blog Feed URL: http://tech.gaeatimes.com/index.php/feed/ Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.	Latest Java Buzz Posts Latest Java Buzz Posts by Angsuman Chakraborty Latest Posts From Simple Thoughts - Java and Web Technology Blog

Yahoo sees $150M windfall from Alibaba.com sale SUNNYVALE, Calif. â Yahoo has cashed out of its investment in China's leading e-commerce site, Alibaba.com. The sale announced Monday is expected to generate a pretax windfall of about $150 million for Sunnyvale-based Yahoo. The Internet company had owned a 1 percent stake in Alibaba.com. Yahoo invested about $100 million in [...]

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