China, the Internet, and search companies are sure hot topics these days. This time around word from Forbes.com that Yahoo is in talks to buy an approximately 35% stake in China's biggest home-grown e-commerce company's, Alibaba.com, for almost $1 billion. The article also points out that this would be the largest investment by a foreign company in China's Internet industry to date.
Alibaba operates two online business sites ---Taobao.com, an online auction site, and Alibaba.com, an online trading site.
In 2003, Yahoo acquired Hong Kong keyword software company 3721.com and also operate the "search only" Yisou.com in addition to Yahoo China.
Twitter Canada MD Kirstine Stewart to Keynote Toronto
ClickZ Live Toronto (May 14-16) is a new event addressing the rapidly changing landscape that digital marketers face. The agenda focuses on customer engagement and attaining maximum ROI through online marketing efforts across paid, owned & earned media. Register now and save!