15 Vote!

Alibaba.com shares surge on privatization bid

(AP) -- Shares of Alibaba.com rocketed on Wednesday after the Chinese e-commerce site said its parent company made a $2.5 billion privatization bid as part of a shift in business strategy that also includes plans to buy back a stake from Yahoo Inc....

read more...

Share |

Source: PhysOrg - Wednesday, 22 February


Related articles: