Alibaba 'very interested' in buying Yahootvb now,tvbnow,bttvb/ I6 F/ f7 w7 }7 Y2 W( j6 \7 G6 h
+ }5 u2 k) p9 U# l: bThe CEO of the Chinese internet company Alibaba Group says he would be "very interested" in buying Yahoo.
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5 o. F2 i+ G" E2 A3 O4 F; p) {公仔箱論壇Jack Ma made the statement in response to a question during a speaking engagement at Stanford University on Friday, said John Spelich, a spokesman for Alibaba.& g5 F. T8 T( \6 O% u- C
: P/ ]2 a* n aMa also told the audience prospective buyers had approached Alibaba to discuss a possible purchase for Yahoo, Spelich said late on Saturday. The spokesman did not identify the prospective buyers.公仔箱論壇1 g& O6 O3 E/ M- ?6 ]5 J
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Yahoo is trying to decide whether to sell part or all of itself following the firing last month of Carol Bartz as CEO./ H* s+ W1 f& |) w
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Employees were told in an email in late September that the process could take several months.tvb now,tvbnow,bttvb( h9 s, g: F! d% l. r& l
$ w! z, A% U- }5 x8 IIn the meantime, there will be much speculation about who might be interested in the company.
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Yahoo owns about 40 per cent of Alibaba. A& ^# l' a' t7 ?8 U+ I2 B" e
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Bartz was fired because she was unable to boost Yahoo's advertising revenue and make the company more competitive with Google and Facebook.tvb now,tvbnow,bttvb$ p" G4 |% T5 M; C1 v; h; }* p3 |
9 R0 l" H( j$ `3 Y公仔箱論壇Yahoo's net revenue - the amount the company keeps after paying advertising commissions - fell five per cent in the second quarter. Google's revenue soared 36 per cent.公仔箱論壇 B! _# x9 U7 q$ l V, G' S
4 |/ T) U+ X& G5 zThe company is searching for a new CEO while also considering whether to sell itself.
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Chief Financial Officer Tim Morse is serving as interim CEO while the search for a successor to Bartz continues. |