One of the major beneficiaries of this week’s initial public offering of Alibaba stock is Yahoo, which owns 401 million shares of the Chinese e-commerce giant. Beneficiary, that is, in a purely financial sense. In a strategic sense, the Alibaba ($BABA) IPO is going to create some real problems for Yahoo ($YHOO) chief executive Marissa […]
Welcome to the strange, upside-down world of Yahoo after the Alibaba IPO
Venture Beat - 22 Sep 2014 01:05
One of the major beneficiaries of this week’s initial public offering of Alibaba stock is Yahoo, which owns 401 million shares of the Chinese e-commerce giant. Beneficiary, that is, in a purely financial sense. In a strategic sense, the Alibaba ($BABA) IPO is going to create some real problems for Yahoo ($YHOO) chief executive Marissa […]
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