Alibaba Seeking $3 Billion Loan to Buy Back Yahoo Stake


Alibaba Seeking $3 Billion Loan to Buy Back Yahoo Stake @ WSJ.

Chinese Internet giant Alibaba Group Holding Ltd. is in the process of raising a US$3 billion loan from around six banks to buy back the stake that Yahoo Inc. owns in the company, people familiar with the situation said Thursday. The Alibaba.com Ltd. logo is seen at the company’s booth during the 2012 International Consumer Electronics Show in Las Vegas, Nevada, U.S., on Friday, Jan. 13, 2012. Yahoo owns 40% of Alibaba Group.

We’ve been following this for awhile – not many people in the electronics circles know Yahoo owns Alibaba.

Join 4,000+ makers on Adafruit’s Discord channels and be part of the community! http://adafru.it/discord

Learn “How Computers Work” with Bill Gates, Ladyada and more – From Code.org !

CircuitPython in 2018 – Python on Microcontrollers is here!

Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.

Join us every Wednesday night at 8pm ET for Ask an Engineer!

Follow Adafruit on Instagram for top secret new products, behinds the scenes and more https://www.instagram.com/adafruit/

Maker Business — Prototyping PCBs with Particle, a guide from a pro in the field #makerbusiness

Wearables — Learn about stretch

Electronics — Test for interference on the cheap!

Biohacking — Visualizing FLU Data with Wearables

Get the only spam-free daily newsletter about wearables, running a "maker business", electronic tips and more! Subscribe at AdafruitDaily.com !

No Comments

No comments yet.

Sorry, the comment form is closed at this time.