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Yahoo (YHOO) Alibaba Dispute on Alipay, is it legal and 100% transparent?
By: CEOWORLD Magazine
Posted on May 14, 2011 at 14:10 PM EDT
Yahoo! Inc (YHOO) prized investment in Chinese Internet company Alibaba Group Holding Ltd has turned into a stock market millstone. Alibaba’s recently disclosed spinoff of an online-payment unit called Alipay is raising worries about the value of Yahoo’s 43 percent stake in Alibaba. Alibaba Group Holding Ltd. Chairman Jack Ma said Saturday the firm’s move [...]
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