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 AlibabaÃ¢â‚¬â„¢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.