Alibaba’s Jack Ma sat down with Peter Kafka at AsiaD, our inaugural international conference, for a broad conversation that touched on philanthropy, pricing and, of course, Yahoo.
Alibaba’s CEO says he’s ready to buy all or part of Yahoo, just as soon as the company’s board figures out what it wants to do. But he says he won’t wait forever …
In answer to a direct question about whether his company was going to buy Yahoo at a forum at Stanford University in Silicon Valley this afternoon, Alibaba Chairman and CEO Jack Ma said: “We are very interested” in buying all of it.
You would think the settlement of a major dispute would goose the stock of a company, but Yahoo’s deal with its Chinese partner Alibaba Group on Friday did exactly the opposite.
As these companies are wont to do in the middle of the night, Yahoo, SoftBank and the Alibaba Group have reached an agreement in their nasty dispute around the Alipay payments unit, and they are ready to talk about it.