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Friday, November 4, 2011

The Internet conglomerate China Shutter Yahoo

 
Jack Ma, founder and top executive officers (CEOs) of e-commerce giant China, Alibaba, openly declared highly interested in buying Yahoo. It was not only save capital Alibaba to own some shares of 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 GMT, Ma has also been discussing the possibility of taking over Yahoo with several other potential buyers. This development was disclosed when answering a question Ma seminar participants at Stanford University, Palo Alto, California. The United States.

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

Shares of Yahoo's own experience price spikes up to 13.8 U.S. dollars 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 is already eyeing the American market since long 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 really understands Yahoo better," he said, while reminding participants of the seminar in collaboration with Yahoo since 2005.

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