Alibaba steals Yahoo’s thunder ahead of IPO
April 17, 2014
Alibaba steals Yahoo’s thunder ahead of IPO (via AFP)
If Yahoo appears back in favor, it can thank Alibaba, the Chinese Web giant in which it holds a big stake and that is set for a public stock offering. Yahoo shares soared 6.26 percent to close at $36.35 Wednesday on the heels of a better-than-expected…
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