Mega-IPO To Rekindle The 'bromance' Behind Alibaba's Rise

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Mega-IPO To Rekindle The 'bromance' Behind Alibaba's Rise

by Wochit 0:38 mins

Mega-IPO To Rekindle The 'bromance' Behind Alibaba's Rise

by Wochit 0:38 mins

Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could be the biggest U.S. Son, CEO of Japanese telecoms firm SoftBank Corp, also put money into a young Yahoo, co-founded by Jerry Yang, in 1995, and Yahoo's subsequent investment in Alibaba saw Ma, Son and Yang build Alibaba Group Holding into one of world's biggest internet companies as China's e-commerce market took off.

Wochit

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