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 [...]

Yahoo China loses legal battle in Chinese copyright lawsuit
International Federation of Phonographic Industries has said in a statement that they have won another round in the legal battle with Yahoo! China.
They had sued the company claiming that their search engine enabled web users in the country to find pirated media online.
Company representative Porter Erisman said [...]

Yahoo to buy 10% shares in upcoming Alibaba.com IPO
Market sources say that the US based internet company Yahoo would be acquiring 10 percent of the shares to be sold by Alibaba.com through their IPO.
Alibaba.com is the dominating e-commerce company in the China and is one of the most important online company in that market.
They are [...]