Showing posts with label Alibaba. Show all posts
Showing posts with label Alibaba. Show all posts

Apr 17, 2012

Alibaba Ready To Release " China iPad " This Year

Alibaba Ready To Release " China iPad " This Year


Jack Ma is often dubbed as the Steve Jobs of his country like China and the nickname was not wrong after Alibaba, his company, will introduce a tablet device that will be a strong rival iPad in China.

This tablet device will be released later this year, according to Wang Jiang, CTO of Alibaba. Tablets that will be produced by Tianyu are going to use Linux-based operating system, Aliyun, which was released in July 2011 and Alibaba.

Apr 16, 2012

Alibaba Plans to Buy Yahoo Amounting to U.S. $ 4 Billion Dollars

Alibaba Plans to Buy Yahoo Amounting to U.S. $ 4 Billion Dollars  

Alibaba, the largest e-commerce company in China, is trying to establish cooperation for the provision of U.S. $ 4 billion fund to acquire 40 percent shares of Yahoo China.

Not only that, Alibaba is also obsessed with taking over Yahoo's stock around the world. A source told Reuters that the Rothschild financial advisory group has submitted a term sheet to the bank to request a proposal guarantee debt financing within three years.