Alibaba Receives SWF Investment to Help Buyback Shares from Yahoo
Posted on 09/18/2012
According to the press release, “Alibaba Group Holding Limited, China’s largest ecommerce company, announced today it has completed the initial repurchase of shares from Yahoo!and restructured its relationship with the Silicon Valley company in transactions valued at approximately US$7.6 billion. The closing follows the May 20, 2012 announcement by Alibaba Group and Yahoo!of a comprehensive […]
