Yahoo! Stock Rises In Anticipation of Alibaba.com IPO

Oct 30, 2007 | 2,443 views | by Navneet Kaushal
VN:F [1.9.20_1166]
Rating: 0.0/5 (0 votes cast)

Yahoo! stock has shown a rise again over the weekend. This rise is not only due to its new advertising partnerships or hard efforts to open up the Yahoo! network to third parties. The credit to this rise in the stock goes to the Wall Street that prepares for the $1 Billion Alibaba.com IPO, which Yahoo! has planned to acquire it by a huge sum of $100 Million.

In the global B2B category, Alibaba has already made a mark. The most notably services provided by Alibab are Taobao, an eBay-like business and AliPay, which is like PayPal online payment service.

As the market value of Alibaba is continuing to grow, its impact can also noticed in that of Yahoo! It is believed by paidContent that the Yahoo!'s investment in Alibaba’s IPO will have a direct impact on Yahoo!'s share value. It is assumed that it will add more than $13 per share over the next few years.

This figure is quite good for a stock which is currently valued at only $32 per share.

4.thumbnail Yahoo! Stock Rises In Anticipation of Alibaba.com IPO

Navneet Kaushal

Navneet Kaushal is the founder and CEO of PageTraffic, an SEO Agency in India with offices in Chicago, Mumbai and London. A leading search strategist, Navneet helps clients maintain an edge in search engines and the online media. Navneet's expertise has established PageTraffic as one of the most awarded and successful search marketing agencies.
4.thumbnail Yahoo! Stock Rises In Anticipation of Alibaba.com IPO
4.thumbnail Yahoo! Stock Rises In Anticipation of Alibaba.com IPO