Filed in archive Venture Capital by tj on August 11, 2005

Yahoo has confirmed the rumors we had mentioned here as well:

"Everyone's talking but no one's listening. Yahoo's 1 billion dollar 40 percent stake in Alibaba, China's largest e-commerce firm does not illustrate that a Net bubble is back, but it does give new meaning to the title character, Ali Baba from the Arabian Nights, who accesses treasure from a magical password."

Related Entries:

$82 million for alibaba.com - 18 February 2004
alibaba and the 40 months - 08 March 2004
Yahoo to invest in Alibaba.com? - 09 August 2005
Ali Baba and the Forty Thieves Is Not a Fable in China - 11 August 2005
Alibaba.com peilt Europa an - 30 December 2007

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