Yahoo, which holds roughly 40% of Alibaba’s Chinese parent, Alibaba Group Holding, had been pining for an IPO of the e-commerce giant’s sister company, Taobao. Now, though, with a fraud probe underway, Yahoo’s chances of cashing in on an IPO just got slimmer.
Continue reading The Alibaba Fraud Case Could Be a Weight on Yahoo
The Alibaba Fraud Case Could Be a Weight on Yahoo originally appeared on DailyFinance on Mon, 21 Feb 2011 19:00:00.
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