Alibaba set to raise $8B for Yahoo buyback

July 31, 2012 8:07 AM Ed Sutherland
Ed Sutherland

Chinese e-commerce giant Alibaba Group is raising more than $8 billion in a new round of funding, the majority of which will be used to buy back half of its shares from Yahoo, the New York Times reports.

The deal …

Alibaba.com to go private, raising funds to buy back its stock

February 20, 2012 11:45 AM Jolie O'Dell
Jolie O'Dell

Alibaba Group is raising $3 billion — not to buy back the 40 percent stake Yahoo holds in the parent company, as previously rumored, but to buy back the 27 percent of Alibaba.com stock currently floating around the public market.…