Alibaba may face challenges in buying Yahoo - News - Dukascopy Bank

Fri, 06 Jan 2012 08:56:00 GMT
Source: China.org.cn
 
© Scanpix/Reuters

Alibaba Group Holdings Ltd. may face difficulties in acquiring Yahoo Inc. after it hired a new CEO. Yahoo appointed Scott Thomson; the move indicates Yahoo's unwillingness to sell its assets in the nearest future, said Xie Wen. Thompson's prime objective is to focus on the core business, innovation and revenue growth.


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