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Home >> Photo
UPDATED: 09:51, August 12, 2005
Alibaba.com acquires Yahoo China
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Ma Yun (L), founder, chairman and CEO of the China-based Alibaba.com, China's largest e-commerce website, shakes hands with Daniel Rosensweig, chief operating officer of Yahoo, during a news briefing in Beijing, capital of China, on August 11, 2005. Alibaba.com announced here August 11 that it has signed an agreement with Yahoo Inc. to acquire Yahoo China. Alibaba at the same time obtained 1 billion US dollars of investment from Yahoo.

Photo:<!--###IMAGE_BRIEF###-->
Ma Yun (C), founder, chairman and CEO of the China-based Alibaba.com, China's largest e-commerce website, and Daniel Rosensweig (R), chief operating officer of Yahoo, laugh during a news briefing in Beijing, capital of China, on August 11, 2005.

Photo:<!--###IMAGE_BRIEF###-->
Ma Yun (L), founder, chairman and CEO of the China-based Alibaba.com, China's largest e-commerce website, and Daniel Rosensweig, chief operating officer of Yahoo, chat during a news briefing in Beijing, capital of China, on August 11, 2005.

Photo:<!--###IMAGE_BRIEF###-->
Ma Yun (C), founder, chairman and CEO of the China-based Alibaba.com, China's largest e-commerce website, addresses a news briefing in Beijing, capital of China, on August 11, 2005.

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