2.29 AM Sunday, 14 April 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:38 05:54 12:22 15:49 18:44 20:01
14 April 2024

Alibaba slams Yahoo's statement

Yahoo owns 40% stake in Alibaba. (SUPPLIED)

By Staff Writer

China's largest e-commerce firm Alibaba Group, in which Yahoo owns a 40 per cent stake, has called the search giant's comments on Google 'reckless'. Alibaba Group, which runs Taobao, China's largest online retailer and largest e-commerce website Alibaba.com, has had a testy relationship with Yahoo since the departure of Yahoo's former Chief Executive Jerry Yang.


Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.