Yahoo owns 40% stake in Alibaba. (SUPPLIED)

Alibaba slams Yahoo's statement

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.

 

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