Alibaba

From beyondbrics April 29, 2013

Shares in Sina Corp, the Nasdaq-listed Chinese online media group, rose nearly 21 per cent during trading on Monday after the company said it had agreed to sell 18 per cent of Weibo, its Twitter-like micro-blogging service, to Alibaba Group for $586m. The two came close to a similar deal five months ago. Now they have tied the knot.

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Posted in Asia, Internet, Tech |

Richard Waters Yahoo welcomes another big investor into the tent

November 9, 2011 11:46 pm by Richard Waters

Yahoo just moved another step forward in its bid to control the end-game that has been taking shape around its future.

Silver Lake has agreed to enter into confidential discussions with the US internet company, making it the latest private equity firm to go this route – and potentially robbing Alibaba and Softbank of an ally as they consider making a play for Yahoo themselves. But it’s still far too early to call it “game over”. Read more

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Posted in Tech, Tech Finance |

Joseph Menn Ebay plans PayPal partnership in China

October 18, 2011 12:29 am by Joseph Menn

Ebay chief executive John Donahoe said the Chinese government  won’t let foreign-owned  internet companies win in that country, but added PayPal will nonetheless bend to fit new rules and stay in the market. Read more

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Posted in Asia, Commerce, Internet, Tech |

Richard Waters Is the US ready for a Chinese Yahoo?

October 1, 2011 5:12 am by Richard Waters

A leading US online media and communications firm owned and controlled from mainland China?

That spectre was raised on Friday by Jack Ma, head of Alibaba, as he announced his interest in buying Yahoo. After all the angst caused by US internet companies venturing into China in recent years, his declaration raises the possibility of an interesting reversal. Read more

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Joseph Menn Yahoo says strategic proposals are coming in

September 24, 2011 12:37 am by Joseph Menn

Yahoo’s investment bank is “fielding inquiries from multiple parties” about various options that could include a sale of all or some of the company, according to an all-hands email sent Friday by Yahoo’s founders and chairman. Read more

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Posted in Asia, Digital media, Internet, Tech |

Joseph Menn Yahoo and bankers start taking pitches

September 9, 2011 11:17 pm by Joseph Menn

Following through on its pledge earlier this week to weigh new strategic options even as it looks for a new chief executive, Yahoo and its bankers are already fielding inquiries. Read more

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Posted in Asia, Digital media, Internet, Tech |

Joseph Menn Alibaba’s Jack Ma sees resolution to Yahoo fight

June 2, 2011 3:08 am by Joseph Menn

Alibaba Group chief executive Jack Ma said on Wednesday that he expected his fight with the company’s largest shareholders, Yahoo and Softbank, would end with an amicable resolution despite what he said were complex “peace talks.” Read more

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Posted in Asia, Internet, Tech |