China: Yahoo to Take Stake in Web Concern

Yahoo will buy 10 percent of the shares in the Hong Kong initial public offering of Alibaba.com, the business-to-business unit of China?s biggest online retailer, according to a preliminary document. Alibaba.com and its parent, the Alibaba.com Corporation, will offer 858.9 million shares, or a 17 percent stake in the unit, which helps businesses buy and sell products to each other, according to ...