Yahoo's Bartz On Alibaba Stake: 'A Very Good Investment For The Future'
PaidContent Sep 10 09
There may be growing tensions between Yahoo (NSDQ: YHOO) and Alibaba Group—but don’t look for Yahoo to sell its 44 percent stake in the company any time soon or to offload its other Asian investments for that matter. During an interview on CNBC, CEO Carol Bartz described the Alibaba stake as a “way to profit” from the Chinese internet market without directly operating there. “Frankly, when I got here, (I thought), ‘Oh my gosh we’re not in China, everybody has to be in China,’” she said. “But we all know China is a tough market to be in especially in media. Full story...
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