Alibaba.com’s parent company wants to take the Chinese e-commerce company private for $2.5 billion, the firms said Tuesday, part of a shift in business strategy that also includes plans to buy back a stake from Yahoo Inc.
Related posts:
Startup Stakes: Everything's Riding on the Pitch [VIDEO]
Google Street View can keep up its Swiss watch, court rules
Swaggable Hooks You Up With Free Stuff
Analysis: Molly, Crackers and consumer power gone viral
From Koogle to Levinsohn: CEOs at Yahoo
Apple backs away from iPad’s 4G branding in certain countries