Valuation of Yahoo’s Alibaba stake

Yahoo buys US$1 billion stake in Alibaba (2005-8-11, China Daily): $1 billion for 40% stake of Alibaba Group (parent company of Alibaba, Taobao and Alipay). Taotao and Alipay is Chinese equivalent of eBay and Paypal, repectively. Yahoo sells direct stake in Alibaba.com (cnet, 2009-9-14). Quote: ====== Yahoo has sold 1 percent of its stake in […]

Week in review 07-15 to 07-21

1) StrengthTrader listed the greatest investors of all time (in Chinese). Among them I am familar with Buffett, Fisher and Lynch. I think Bill Miller is the Peter Lynch in current Mutual Fund world. 2) Alibaba is hiring, they are adding 2,000 people by the end of 2007. Meanwhile, Ali’s little bro Ninetowns is shrinking, […]