The Traderszone Network

Published in TZ Latest News 15 July, 2014 by The TZ Newswire Staff

Yahoo’s long goodbye with Alibaba takes heat off Mayer

Yahoo Inc cannot seem to part ways with Alibaba. Yahoo said on Tuesday that it would keep a bigger-than-expected chunk of its stake in Alibaba when the Chinese e-commerce company goes public later this year. “It remains a very large fig leaf,” Pivotal Research Group analyst Brian Wieser said of Yahoo’s Alibaba stake, which he said “obscures” Yahoo’s weak results.