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Alibaba to buy back Yahoo! shares for US$7.1b
2012-05-22 01:12:00

NEW YORK, May 22 (GCTL) - Alibaba, China's top e-commerce player, will re-purchase a 20-per cent stake in itself from US portal Yahoo! for at least US$7.1 billion, the companies announced on Sunday.

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Category : Business & Financial News   Express, Mail, Logistics, Rail Gtr. China  

Tags : Alibaba, e-commerce, Yahoo!,

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