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Businesses

Submission + - China's Alibaba Interested In Buying Yahoo (itworld.com)

jfruhlinger writes: "Alibaba is a company that most Americans probably haven't heard of, but it's a hugely important Internet player in China, owning the Yahoo! China site as well as a host of other marketplace Websites. It's 40 percent owned by Yahoo, but now, in what seems a bit like a snake eating its own tail, Alibaba CEO Jack Ma has declared his interest in buying the embattled Internet portal outright."
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China's Alibaba Interested In Buying Yahoo

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