Alibaba (ALBCF.PK) plans to take Albiba.com private to help smooth the wheels for a Yahoo deal...

|By:, SA News Editor

Alibaba (ALBCF.PK) plans to take Albiba.com private to help smooth the wheels for a Yahoo deal (YHOO), according to Reuters. The 27% of Alibaba.com that Jack Ma's doesn't control has a market value of $1.6B.