CEO Jack Ma of Alibaba Group Holding Ltd seems interested in making a purchase of Yahoo, at least that is what he told an audience at Stanford University on Friday. Yahoo, according to WSJ has a significant stake in Alibaba and Yahoo Japan that are worth almost 1/2 of Yahoo’s market value.
Yahoo recently let go of their CEO Carol Bartz because she was unable to stimulate further growth in the company. Yahoo is starting to put more thought into actually selling parts of the company or all parts while it searches for a new CEO.
A sale of Yahoo will undoubtedly shake the internet, what do you think? Should Yahoo sell the company to someone else or do you think they can still innovate.