Altaba, the Yahoo spin-out unit holding Yahoo Japan and Yahoo’s stake in Chinese e-commerce giant Alibaba, announced it will sell its Alibaba holdings then shut down the company. By the end of last year, Altaba held 283 million shares in Alibaba, accounting to about a 10.96% share. It’s the third largest shareholder after SoftBank and […]
Tag: Yahoo
Posted inAT Finance, Japan, Northeast Asia, Philippines