Softbank, Alibaba collaborates for a B2B service
Softbank, Alibaba have together announced the launch of a new service that would connect Japanese business people with Chinese customers.
Alibaba chief executive Jack Ma said in a statement that this collaboration is a really important strategic movement for them.
They are already providing access to Japanese market to more than [...]

Alibaba wants to get rid of Yahoo ownership
Market sources claim that Alibaba is now hunting for a party which can acquire the 39 percent stake Yahoo owns in the company.
Apparently, this deal is aimed to prevent any Microsoft ownership if they succeed in merging with Yahoo in the US market.
Yahoo and Microsoft have not commented [...]

Alibaba reports massive boost in profits
China based online company Alibaba has reported a massive boost in their 2007 net profits.
The company has posted a 340 percent jump as they gained from growing Chinese economy.
Alibaba continues to dominate the China’s online business to business market. Market analysts put their market share at around 57 percent.
Company Chief [...]