Bloomberg News

Alibaba Deal Shows Yahoo Is Ready for Business

May 20, 2012

Justin Weiss, an analyst at JI Asia in Tokyo, talks about Alibaba Group Holding Ltd.'s agreement to repurchase about a 20 percent stake in itself from U.S. Web portal Yahoo! Inc.'s ahead of a potential initial public offering.

Weiss, speaking with Rishaad Salamat on Bloomberg Television's "On the Move Asia," also discusses the deal's implications for Softbank Corp. (Source: Bloomberg)

Running time 04:21

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