The phones are ringing hard this morning as Alibaba.com's share price shoots up over 15% in morning trading. The market's having a better start to the week (up 3.5%) but I'm assuming we can thank Microsoft's bid for Yahoo! for this excitement.
I'm not sure I can unravel the maths and sort out in my head whether Yahoo!'s 40% stake in the parent company, Alibaba Group should make the listed Alibaba.com all that much more attractive.
Anyway, that's a nice way for Jack and the boys to see out the pig year.
Gong Xi Fa Cai and thank you uncle Bill!
Monday, February 04, 2008
Ali-thanks to Bill
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