je.st
news
Tag: alibaba
Yahoo to spin off Alibaba stake in separate company
2015-01-28 08:40:00| Telecompaper Headlines
(Telecompaper) Yahoo announced plans to spin off its stake in Alibaba to shareholders. It will create a separately listed public company for its 35.5 percent stake in the Chinese e-commerce group and distribute shares in the company pro rata to Yahoo shareholders. The Alibaba shares were worth around USD 40 billion based on the company's share price the day before the announcement. The tax- and debt-free proposal is expected to reduce pressure on Yahoo to monetise its stake in Alibaba. The company made the announcement alongisde fourth-quarter results showing revenues of USD 1.25 billion, down slightly from USD 1.26 billion a year earlier. CEO Marissa Mayer said the growing share of mobile sales was helping to stabilise results. Mobile revenues increased 23 percent from the previous quarter to USD 254 million. Operating profit declined to USD 32 million from USD 174 million, and adjusted EBITDA fell to USD 409 million from USD 478 million. Net earnings in the quarter dropped to USD 166 million or USD 0.17 per share, from USD 348 million of USD 0.33 per share a year ago.
Tags: company
yahoo
separate
spin
Yahoo to spin-off Alibaba stake
2015-01-27 22:44:13| BBC News | Business | UK Edition
Yahoo has announced a plan to spin-off its 15% stake in China's Alibaba Group and hand the business to its shareholders.
Tags: yahoo
alibaba
stake
spinoff
Alibaba works with CPSC on online safety
2015-01-26 17:43:00| Daily apparel & textile news and comment - from just-style.com
Web sales giant Alibaba has entered into a voluntary consumer safety collaboration with the US Consumer Product Safety Commission (CPSC).
Tags: online
works
safety
alibaba
Chinas leading mobile taxi booking app secures $600M from SoftBank Group, Alibaba Group and Tiger Global
2015-01-15 10:55:31| Green Car Congress
Tags: group
mobile
global
leading
Jim Cramer Answers Twitter (TWTR) Questions on Yahoo!, Alibaba, United Rentals
2015-01-12 20:31:35| Industrial Machines - Topix.net
Cramer says people need to realize that "everyone uses Twitter," and so investors are fed up that the company cannot monetize the fact that every time you see a name on television, their Twitter handle is displayed. He adds the inevitable question of leadership and a change at the top with CEO Dick Costolo comes into the discussion.
Tags: questions
united
yahoo
answers
Sites : [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] next »