Monday, November 19, 2007

Alibaba.com and yahoo

Yahoo's stake in Alibaba is worthwhile as Alibaba'share prices soar. Yahoo owns about 39% stake in the Alibaba company and it is worth approximately $7.3 billion.

Shares of Alibaba increased by 192% on the company's first day of trading to $5.06 from $1.73.

_____________

Written by

Best Web hosting

0 Comments:

Post a Comment

<< Home