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Alibaba CEO Jack Ma said "we are very interested in Yahoo because our Alibaba Group is so important to Yahoo, and Yahoo is also very important to us," Bloomberg noted, though selling a U.S.company to a Chinese firm would draw immense CFIUS...
We learned this from Jack Ma Keynote Address today in China. The coverage at my blog says that Jack Ma said something to the affect of, "the truth is $750 million out of the $1 billion given to Alibaba was either spent or reinvested.
In a conversation with reporters, Jack Ma, the CEO of China's Alibaba (the same people who now runs Yahoo China) has, "vowed to defeat US giant Google" in the war for Chinese searchers. But it is not that powerful in China now," said Ma, who...
