As we have reported previously Alibaba was raising US$ 4 billion to acquire the 40% stake of Yahoo in Alibaba. The amount was now reduced to US$ 3 billion with the rest coming from cash reserves.
Source: Poten and Partners
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Posted by Joachim Bartels | Jan 12, 2012 | Alibaba, China, E-Commerce, Online Media - Buyer - Seller Platforms, United States, Yahoo | 0 |
As we have reported previously Alibaba was raising US$ 4 billion to acquire the 40% stake of Yahoo in Alibaba. The amount was now reduced to US$ 3 billion with the rest coming from cash reserves.
Source: Poten and Partners
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