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April 3, 2019 04:14 pm GMT

Yahoo spin-out Altaba is selling its entire Alibaba stake and closing down

Bye-bye, Altaba . The Yahoo spin-out created to house Yahoo’s lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative stake in Alibaba and shut up shop. The entity has long existed as a proxy to Alibaba — some might argue Yahoo was the same in its final years — […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OXVGp7Qjk-8/

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