Will Alibaba (BABA) Use Proceeds from IPO to Buy Yahoo (YHOO)?

In an interview with Bloomberg’s Emily Chang and Cory Johnson, GGV Capital Managing Partner and person responsible for connecting Jack Ma to Jerry Yang leading to the landmark transaction between Yahoo! and Alibaba, Hans Tung said Alibaba is a ‘very focused’ company and expects them to focus more on emerging areas such a digital goods […] View the full post at: Will Alibaba (BABA) Use Proceeds from IPO to Buy Yahoo (YHOO)? Related posts: Alibaba Ready To Buy Back Yahoo Stake Yahoo! Says No To Microsoft’s Proposal Major Yahoo Shareholder Demands Vote Recount