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

Now watching

Next video starts in : 7 Play

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

Mega-IPO To Rekindle The 'bromance' Behind Alibaba's Rise
Replay video
Up next

Did Derek Hough Perform on Dancing With the Stars?

Unlock your personal NFL Now stream by signing in to NFL.com

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