Seeking Alpha

Yahoo (YHOO) jumps 4% after reaching an agreement on Alipay "in which Alibaba Group (ALBCF.PK)...

Yahoo (YHOO) jumps 4% after reaching an agreement on Alipay "in which Alibaba Group (ALBCF.PK) will continue to participate in Alipay's future financial performance, including a future IPO or other liquidity event." Alibaba, 40% owned by Yahoo, would receive $2-6B from an IPO of Alipay or other exit. (PR)
From other sites
Comments (1)
  • Tom Au, CFA
    , contributor
    Comments (6782) | Send Message
     
    "Alibaba?" My nickname is "Ali boo-boo."
    29 Jul 2011, 11:48 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs