Facilitator
Yahoo to buy China ecommerce firm
An Alibaba deal would end Yahoo's independent China operations
Yahoo is reportedly close to acquiring a major stake in China's biggest e-commerce firm, Alibaba.com.
The US internet giant is in talks to buy 35% of Alibaba for $1bn (£557m), according to several reports.
If successful, the deal would mark the largest investment yet by a foreign firm in China's technology market.
A deal between the two would also challenge the Chinese operations of US online auction giant eBay. Alibaba offers similar auction site services.
source/full story: news.bbc.co.uk/1/hi/business/4138012.stm
* Comprehensive UK Web Directory List . eCommerce software UK
* BossCart.com can build you a.
Register your domain names at Velnet
::
Add Eco sites to The Green Directory free of charge.
Use LBS Free PHP Directory Script . Web Hosting Blog
Senior Member
Well, Yahoo! just made my sh*t list. Good job, a*sholes, doing business with the one's stealing us (our patents/software) blind.
Anything for the love of money!
"There's no such thing as impossible. It's a myth. Don't believe it."
Senior Member
Just to level the playing field, the google girls are at it also:
http://biz.yahoo.com/ap/050811/google_china.html?.v=2
"There's no such thing as impossible. It's a myth. Don't believe it."
Do you noticed this enormous tendence to buy some Chinese firms?
Everybody is doing it: Yahoo, Google etc., all the major names in the business.
They realy want to do something or just buying up the competition?
Senior Member
I don't understand. China is a communist nation. They have nukes and have threatened to use them against Tiawan. OK, this is getting a little too political.
"There's no such thing as impossible. It's a myth. Don't believe it."
Senior Member
They also eat dog, think red is lucky and have black hair.........
Any other good reasons to dislike china?
Senior Member
Yes, we invest BILLIONS in R & D, and then they simply STEAL our software.
Ever bought one of those fake Rolex watches for $50? Guess where they came from...
"There's no such thing as impossible. It's a myth. Don't believe it."
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
LinkBack URL
About LinkBacks
Bookmarks