Alibaba Group Hires Washington Lobbying Firm

Posted by Joachim Bartels | Dec 29, 2011 | Alibaba, China, E-Commerce, Online Media - Buyer - Seller Platforms, Yahoo | 0 |

Alibaba Group has hired the Washington based Duberstein Group as an indication that it may be serious in making a bid for Yahoo should talks fail to unwind the Yahoo – Alibaba Asian partnership. The registration was received by a U.S. Senate office on Dec 23 and then posted online, but the lobbying work likely began earlier.

Under U.S. law, a lobbying firm is required to file a public disclosure within 45 days of crossing certain thresholds such as making contact with a public official. The filing for Alibaba says it is effective as of December 1.

Alibaba’s founder Jack Ma stated in September that he would like to buy all of Yahoo.

Source: Reuters

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