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China's Internet conglomerate Shutter Yahoo

Saturday, October 1, 2011




Jack Ma, founder, at the same time, officials, executives, top, CEO, giant, e-commerce, China, Alibaba, said, ask, buy, Yahoo

Jack Ma, founder and top executive officers (CEOs) e-commerce giant China, Alibaba, candidly stated very interested in buying Yahoo. It was not only save capital has a partial stake in Alibaba for Yahoo, Ma wants to have Yahoo as a whole.

Not only that, as reported by Reuters news agency on Friday (30/09/2011) night when the United States or Saturday morning local time, Ma has also been discussing the possibility of taking over Yahoo by a few other potential buyers. This development was disclosed when answering a question Ma seminar participants at Stanford University, Palo Alto, California. United States.

When asked whether Alibaba interested in healing pressure experienced by U.S. internet companies. Then Ma said, "Very interested in the Yahoo". Former English teacher and then asserted that he was interested in every part of Yahoo, when asked, which parts of Yahoo that he liked. "China has become ours, is not it? He (China) are already in my bag," said Ma.

Yahoo's own stock price surge to reach U.S. $ 13.8 per share. Taking Yahoo will help Ma widen its Internet empire into one of the most important players in the Internet business world. Already widely heard that Alibaba was already eyeing the American market since a long time and is preparing a new base at Cape San Francisco.

However, since his visit in America began 15 days earlier, Ma admitted not seeing the Yahoo. "However, we are likely to be one of the few companies that truly understand Yahoo's well," he said, while reminding participants of the seminar in collaboration with Yahoo since 2005.
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