Latest Alibaba US Stories
US Internet pioneer Yahoo, which has been struggling with cash flow and market relevance, has agreed to sell its stake in China´s top e-commerce player, Alibaba, for at least $7.1 billion, the two companies announced this weekend. Negotiations have been a year in the making to get to this point and the transaction will come about in several stages, AFP reports. Yahoo´s interim CEO Ross Levinsohn said in a statement that the agreement will provide “clarity” for Yahoo...
- A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
- A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.