The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
Alibaba.com's ( ALBIY , quote ) parent company has had enough of the public markets, and is willing to spend up to $2.5 billion to take the company private again.
HONG KONG (MarketWatch) -- Alibaba.com said Tuesday its net profit for the fourth quarter fell 6% owing to weaker overseas demand for Chinese products from U.S. and European buyers. Net profit for the October to December period was 385.9 million yuan ($61 million), compared to 410.4 million yuan a year earlier, the company said in a filing to the Hong Kong Stock Exchange. However, revenue for ...
Alibaba.com Limited , the world’s leading small business e-commerce company, today announced financial results for the final quarter and year ending December 31, 2011 as the Company continues to focus on improving user experience on its platforms.
RAJKOT, INDIA : Alibaba.com, a small business e-commerce company, will focus on educating SMEs (small and medium enterprises) in the Engineering sector in India about the relevance of the Internet in finding global business opportunities.
Close, but no cigar--for the time being--as Yahoo and its partners again fail to nail down an agreement, according to an AllThingsD report.
MUMBAI, INDIA: Alibaba.com, a small business e-commerce company, on Tuesday said that it would partner with the Federation of Indian Chambers of Commerce and Industry (FICCI) to organise seminars and workshops for SMEs.
Alibaba Group and Alibaba.com today jointly announced that the Offeror has made a proposal to the Board of Directors of Alibaba.com to privatize the company.
Alibaba Group this morning said it has issued a proposal to take Alibaba.com private. The parent company and related parties already hold 73.45% of Alibaba.com. The offer is for (Hong Kong) $13.50 a share, which Alibaba Group notes is a 60.4% premium over the 60-day average closing price for Alibaba.com shares, and a 55.3% premium over the 10-day average close.
Alibaba Group, which is 40 percent owned by Yahoo Inc has petitioned the United States Trade Representative office over the inclusion of Taobao, its consumer e-commerce platform, on USTR's notorious markets ...
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