Yahoo spinout Altaba is promoting its whole Alibaba stake and shutting down

Bye bye, Altaba . The Yahoo spinout created to deal with Yahoo’s profitable stake in Alibaba and Yahoo Japan, introduced nowadays that it is going to promote its profitable stake in Alibaba and close up store. The entity has lengthy existed as a proxy to Alibaba — some may argue Yahoo was once the similar in its fina…
Bye bye, Altaba . The Yahoo spinout created to house Yahoo’s lucrative stake in Alibaba and Yahoo Japan, announced today that it will sell its lucrative stake in Alibaba and shut up shop. The entity has long existed as a proxy to Alibaba — some might argue Yahoo was the same in its fina…Original article