Yahoo! holds a 40% stake in Alibaba.com, China's leading B2B e-commerce site and PayPal player. The company has 300+ million users.
Back in 2005, Yahoo! paid a billion dollars for its 40% stake. Today, Jack Ma, Alibaba’s founder, is looking to buy back part of the company’s shares and the deal is anticipated between $4 billion and $11 billion.
Yahoo! reportedly refused their first takeover.
