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Yahoo spins off Alibaba stake

Name: Yahoo spins off Alibaba stake
Uploaded: 2015-01-28
Duration: 1 min 42 s
Description: Yahoo CEO Marissa Mayer will spin off its $40 billion stake in Chinese tech giant Alibaba in order to avoid a $16 billion tax bill.

January 28, 2015 17:51 PM UTC
- Updated November 05, 2019 15:43 PM UTC

Yahoo CEO Marissa Mayer will spin off its $40 billion stake in Chinese tech giant Alibaba in order to avoid a $16 billion tax bill.