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‘Alibaba’ Stories

Google’s Rubin: Don’t expect Alliance help if you fragment Android

, Sep 16th 2012 Discuss [0]

Google has struck back at claims that it strong-armed Acer into ditching a collaboration with Alibaba, insisting that the contentious Aliyun platform is not only based on Android but distributes pirated Android apps. Chinese firm Alibaba made loud protests last week, after Acer withdrew launch support for the Aliyun-based CloudMobile A800 smartphone only moments before the handset made its official debut, and accused Google of threatening Acer with Android expulsion. Not so, Google's Andy Rubin says: Alibaba shouldn't expect the support of an Open Handset Alliance (OHA) member if it's not going to be work to be compatible with official Android. Read The Full Story

Google threatened Acer with Android excommunication claims Alibaba

, Sep 13th 2012 Discuss [0]

Google is accused of threatening to cut Acer off from the official Android teat, after a phone collaboration between the manufacturer and Alibaba was axed at the last minute. Acer and Chinese e-retail giant Alibaba had been planning to launch the CloudMobile A800 smartphone together, Reuters reports, but the event itself was suddenly shut down after Acer was apparently told that "Google would terminate Android product cooperation" if the phone was revealed. Read The Full Story

Yahoo! selling 50% of Alibaba in $7.1bn divorce

, May 21st 2012 Discuss [0]

Yahoo! and Alibaba are finally beginning their troubled divorce, with the Chinese e-commerce firm buying out half of Yahoo!'s stake in a $7.1bn deal valuing the company at $35bn overall. Meanwhile, options for Yahoo! to shed its remaining shares are also on the table, with Alibaba required to buy - or allow Yahoo! to sell off - another quarter when it floats for IPO, while Alibaba will also be able to operate Yahoo! China under its partner's branding for a further four years. Read The Full Story

Alibaba raising $3 billion to buy Yahoo’s 40% stake back

, Feb 9th 2012 Discuss [0]

Chinese e-commerce site Alibaba.com is looking to raise $3 billion from six different banks reports the Wall Street Journal. The e-commerce giant wants the money to buy out the 40% stake that Yahoo owns and officially ditch the flailing search engine. The tip comes from people familiar with the situation according to the WSJ. Read The Full Story