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Billion-dollar deal for Yahoo in China



Published: Fri, August 12, 2005 @ 12:00 a.m.


Billion-dollar dealfor Yahoo in China
kMA YUN, above left, founder and CEO of Alibaba.com, speaks with Yahoo CEO Daniel Rosensweig. The two announced Friday that Yahoo Inc. is paying $1 billion in cash for a 40 percent stake in China's biggest online commerce firm.
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