Alibaba Group Holding Ltd (ALIBABZ) . is considering reducing the size of a loan for a potential Yahoo! Inc. (YHOO) acquisition to around $3 billion from the original target of $4 billion in order to use its cash instead, a person familiar with the matter said.

HONG KONG (Reuters) - Alibaba Group has reduced the size of its debut loan to $3 billion, the funds which the Chinese e-commerce giant plans to use to buy back part of the 40 percent stake held by Yahoo Inc, three sources familiar with the matter told Reuters on Wednesday. Alibaba had initially planned to raise as much as $4 billion, but according to one of the sources, the company could instead ...

Alibaba Group Holding Ltd., the Chinese e-commerce business partly owned by Yahoo! Inc., hired Washington lobbying firm Duberstein Group Inc. for help in possibly buying out Yahoo’s stake in the company.

HONG KONG, CHINA: Alibaba Group has reduced the size of its debut loan to $3 billion, the funds which the Chinese e-commerce giant plans to use to buy back part of the 40 per cent stake held by Yahoo Inc, three sources familiar with the matter told Reuters on Wednesday.

The company is currently considering a number of acquisition options, including the possibility of a total purchase.

* Alibaba may use cash to buy back Yahoo stake - source * Alibaba has more than $3 bln in cash - source * Alibaba looking for 6-7 banks by early Feb - source (Adds background) HONG KONG, Jan 11 (Reuters) ...

Alibaba Group Holding Ltd. Chief Executive Officer Jack Ma said he is looking forward to continuing a “constructive relationship” with Yahoo! Inc.’s leadership and board of directors following the departure of Jerry Yang.

Alibaba Group Holding Ltd. is considering reducing the size of a loan for a potential Yahoo! Inc. acquisition to around $3 billion from the original target of $4 billion in order to use its cash instead, a person familiar with the matter said.

The Chinese company is considering a number of acquisition options for the Web pioneer, including the possibility of a total purchase.

With Yahoo's new CEO at the helm, this could help potentially close a deal more quickly assuming that Yahoo's board and new CEO are still in favor of selling its stake in Alibaba and other Asian assets.