Yahoo stock has climbed again over the weekend, but not soley because of its new advertising partnerships or efforts to open up the Yahoo network to third parties. Instead, the stock is climbing as Wall Street prepares for the $1 Billion Alibaba.com IPO, which Yahoo is set to purchase 10% of, or $100 Million.
Beyond the global B2B marketplace that Alibaba provides is also its Taobao ‘eBay style’ marketplace and its AliPay ‘Paypal style’ online payment service.
As Alibaba’s value continues to grow, subsequently, so would that of Yahoo. paidContent feels that the Yahoo investment in Alibaba’s IPO could lead to a solid jump in Yahoo share value, adding more than $13 per share over the next few years. Not bad for a stock which is now valued at only $32 per share.
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2 responses so far ↓
AussieWebmaster on Oct 29, 2007 at 4:27 pm
forget the next few years…Yahoo’s ownshipt of 39% of Alibaba now and commitment to buy $100 million of IPO or 10% of initial offering which will be under $2 at the IPO and jump to over $6-$10 before the public gets a chance to start buying… ending a couple of days later at say $20 a share…
Yahoo’s increased value in that period could push their shares up to $40 within the same time frame.
Michael Li on Apr 15, 2008 at 9:45 pm
Why not support an American Alibaba? Factories In China Inc. is celebrating the launch of www.FactoriesInChina.com with free shares giveaway. There’s details in a press release http://www.fastpitchpress.com/pressrelease.cfm?PRID=22618
They placed banner ads for sale on eBay. Buyers of the banner ads will get discounted prices as well as matching number of shares in the private company.
Search on eBay’s website under “next aliaba” or go to: http://stores.ebay.com/Factories-In-China-Website
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