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Alibaba Looks Forward to ‘Constructive’ Relationship With Yahoo

January 18, 2012, 11:12 AM EST

By Bloomberg News

Jan. 18 (Bloomberg) -- 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.

Yang is “a longtime friend with whom I have had a strong personal and professional relationship,” Ma said in an e-mail distributed today by spokesman John Spelich.

To contact Bloomberg News staff for this story: Edmond Lococo in Beijing at elococo@bloomberg.net

To contact the editor responsible for this story: Marco Lui at mlui11@bloomberg.net

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