Arab Today, arab today yahoo jumps on alibaba deal talk
Last Updated : GMT 06:58:51
Arab Today, arab today
Arab Today, arab today

Yahoo jumps on Alibaba deal talk

Arab Today, arab today

Arab Today, arab today Yahoo jumps on Alibaba deal talk

Beijing - Arabstoday

Shares in internet giant Yahoo have risen over 5% after reports that it is close to selling its stake in Alibaba Group, the Chinese e-commerce company. Yahoo is preparing to sell half its 40% stake back to Alibaba, according to AllThingsD.com, citing sources close to the deal. The sale, which could raise about $7bn (£4.4bn) for Yahoo, would involve a share buy-back followed by an eventual flotation of the Chinese group. Yahoo shares were up 5% at $15.60. The deal would be a welcome piece of good news for the struggling US internet company. It has been losing ground to rivals Google and Facebook in the online advertising market. And on 13 May, Scott Thompson quit as Yahoo chief executive after just five months in the post, following the discovery of inaccuracies in his CV. From: BBC

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today yahoo jumps on alibaba deal talk Arab Today, arab today yahoo jumps on alibaba deal talk

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today yahoo jumps on alibaba deal talk Arab Today, arab today yahoo jumps on alibaba deal talk

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday