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Thursday, October 20, 2011

Jack Ma Unveils his love on YAHOO

Jack MA is a founder, chairman and chief executive officer of Alibaba Group and chairman of Alibaba.com, the Hong Kong-listed unit of Alibaba Group. He was trying from past many days to acquire Yahoo. He opened his wish infront of the media many no of times .

Jack Ma wants to buy Yahoo. He's simply waiting for the board to make up its mind whether they'll sell it to him.


Ma spoke early Wednesday morning at the AsiaD conference hosted by AllThingsDigital in Hong Kong. "If the board is willing to sell, I'm interested. They've just got to let me know."

Yahoo has a 40% stake in Alibaba, the Chinese Internet company that Ma leads. Ma has reportedly been interested in buying back that stake for some time, but earlier this month he admitted for the first time that he wants to buy the whole company if it's for sale.

Earlier this week, he said that he had the money all lined up for the purchase.

At AsiaD, Ma also said that he'd replace the leadership of the company if he gets control, but wouldn't say who he'd put in charge.

Earlier in the show, Yahoo cofounder Jerry Yang said the company was considering all options, including a possible sale to Ma.

Let us see when will be his dream come true .

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