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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
Joachim C Bartels is a co-founder, managing director and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.
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