Yahoo is about to get approximately $ 150 million by selling 57.48 million shares of Alibaba.com, according to a term sheet obtained by Reuters on Monday. The Internet giant is selling the large block of shares at $ 19.80 HK-Hong Kong $ 20.30 each, representing a discount of 4-6,4% in the closing price of the stock of dollars Hong Kong 21.15 on Monday and entire stake of 1.14 percent in Yahoo held Alibaba.com, which is the largest B2B marketplace in China.
The third step, which is also the most important operation, is defragmentation. Many people may not be familiar with this one. Defragmentation is a process that rearranges the fragmented files to an orderly form. It collects all the little pieces of the files and put them close together.
Yahoo has announced that it is a little over 4 years was to buy a stake of 39% in the parent company of e-commerce giant for $ 1 billion - is to maintain - the most active Yahoo China (worth approximately U.S. $ U.S. 700 million). Return Alibaba took over Yahoo! China, while Alibaba, Jack Ma, founder has been in charge of Alibaba Group. Yahoo China has recently undergone a major restructuring, during which Koubei its popular classified ad service was taken and moved to Taobao.com.
The third step, which is also the most important operation, is defragmentation. Many people may not be familiar with this one. Defragmentation is a process that rearranges the fragmented files to an orderly form. It collects all the little pieces of the files and put them close together.
Yahoo has announced that it is a little over 4 years was to buy a stake of 39% in the parent company of e-commerce giant for $ 1 billion - is to maintain - the most active Yahoo China (worth approximately U.S. $ U.S. 700 million). Return Alibaba took over Yahoo! China, while Alibaba, Jack Ma, founder has been in charge of Alibaba Group. Yahoo China has recently undergone a major restructuring, during which Koubei its popular classified ad service was taken and moved to Taobao.com.
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